It’s Better

admin, 18 May 2012, No comments
Categories: Stocks Mutual Funds
Tags: , , , ,

Question: How does it get better when it gets worse?

Last week we had a jobs report from Washington that there were fewer jobs created than they had anticipated, but the stock market took that as good news and the DOW had a strong rally. WOW! The bad news somehow turned into good news because the unemployment rate dropped one tenth of one percent.

Wait a minute. We had fewer employed yet the unemployment rate went down. How can that be? It seems that if you have been out of work for a while and your unemployment benefits have run out and you have become so discouraged you are no longer looking for work you are not counted as unemployed. You should read that sentence again. This is government statistics to make you think that black is white.

It is pointed out that many in that category have gone into business for themselves so they don’t count

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