I'm not sure I believe that there are actually fewer people without jobs but apparently, "jobless claims are on the decrease" in July. This doesn't adequately speak to overall unemployment (or underemployment) rates but it's good to know that at least the numbers are dropping.
Of course, we need to remember that after a certain number of months on unemployment, one stops being counted. Similarly, if you quit (and do not get laid off or fired), you don't get to file for unemployment.
That's a scary thought.
Click here to read the article on Boston.com
Experts expect the unemployment rates to keep rising over the next year but maybe we can hope that it's beginning to taper off?
5 months ago