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Making ¢ents out of the senseless Capital Markets
Pausing for a moment to realize just how good Economically it is today …
There are always shortcomings … as a growing “Type A” country, we want more and better … Let’s pause for just a moment …
March 2009, 823 thousand jobs were reported lost
The lowest bar on this chart was on March of 2009 (coincidentally, the bottom of the great recession stock market too– digressing)
Pause for just a moment … 823k people were fired/left the workforce, IN ONE MONTH … that’s a small town !
Unemployment rate hits 4.1%
By scanning the chart above, as the bars turned up the resilient USA economy started rebuilding/hiring workers again.
Looking from a different angle, last Friday the USA unemployment rate logged a fresh great recession low of 4.1%
Pretty good stuff!
Have a “Good” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
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Posted in Economy, Investing/Financial Planning, Market Comments, World Political
Tagged Jobs, Non-Farm Payroll, Unemployment Rate