Wednesday, January 5, 2011

Strong signs of life for the job market

Source: CNN.com

The job market is showing positive signs of life for the first time in the last couple years. According to one source 297,000 jobs were added in December. This is almost triple what was thought was going to happen, most experts were predicting 100,000 jobs to be added. The story went on to explain how small businesses, which are the backbone of our economy, are the ones that are really adding as they recover. Also, companies that are struggling are starting to cut less jobs, which shows that even they are starting to do better.
I think this is great news. After seemingly years of negative economic news, finally there is some positive stuff going around. The recession has personally affected my family because my dad lost his job a couple years ago. Hopefully, others have been able to find new jobs like my dad. This is a positive sign for our recovering economy.

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