Sunday, November 8, 2015

Tea Devereaux- America Job Growth

summary: America has one of the best job growths that it has had in a long time. Unemployment rate has fallen to 5%, which hasn't occurred since 2008. Before this news had been released, concerns were brought up that due to what was going on in the world globally, job growth was beginning to go down, but it seems that now it is those concerns that have gone down.
MO MONEY MO MONEY MO MONEY..AND JOBS

analysis: This is great news for America, with all the problems economically that have been occurring it is refreshing to finally see America getting to a stable place. Business owners would agree, they stated "Yes, we can really start making more of a permanent commitment." It has also been said that they may try to increase the interest rate due to the booming amount of jobs being given. I believe that the reason that, not only the unemployment rate has gone down, but we can also see that the economy is getting better due to the lowering of gas prices and the housing industry has made a comeback and more people are able to purchase houses as well as land being sold for building houses. It was the decline in these areas that helped with the Financial Crisis in 2008.

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