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Saturday, February 8, 2014

Reasons For and Against Improving Economy

Employment opportunities are directly related to the economy. There has been some improvement overall in the last year. The popular news figures released for the un-employed is down to 6.7 percent (BLS U-3); while the realistic U-6 statistic is at 13.1. With this level, one out of every seven working adults is challenged for employment. The U-6 includes those unemployed that have also used up their benefits and those who have given up looking for work.

USA Today presents an article reviewing four reasons the economy is improving and four reasons it might not improve. Having some basic understanding of the factors that influence the economy can help appreciating the dilemma of being un-employed. See the complete article here.

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