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Business Update: Job-less rally

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Uploaded by on Dec 4, 2009

The U.S. unemployment rate unexpectedly fell in November, strengthening hopes the economic recovery is well on its way.

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  • 5th !

  • 4th

  • Somehow a taxpayer subsidized rally doesn't impress me too much. Furthermore, this focus on jobs? It's a ploy. What people better be looking at is that HC bill that Congress is trying to ram through. For MONTHS small businesses have been complaining that they still can't get loans. Jobs are being held up due to unsure taxes from our big country overhaul. IMO, jobs have been taking a back seat on the agenda & I find it a little awkward that Obama is having a job summit at this time.

  • Well, we have been in this recession for 2 years now. I've become very skeptical, We always get these reports & then the next month they are revised. Who thinks just because this months bad news, isn't as bad as last months bad news, that we have a recovery? Yet what the gov. don't say is they just want to ease the pain with a stimulus in the form of unemployment extensions. All those people coming off unemployment would be real ugly.

  • Well if the market was up , there would be more consumer spending

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