10/22/2013
Unit 2
http://www.bbc.co.uk/news/business-24626151
So this article just talked about how the expected amount of jobs that were handed out were lower than was expected for the month of October. These results only came out recently due to the effects of the government shutdown. And now, apparently the results of the data collected in both October and November will both be inaccurate, due to the government shutdown.
So apparently stocks are on a rise, but jobs aren't growing as much as we have expected. Is this just me, or does this seem like a bad thing? Sure. the unemployment rate has been going down, and continues to go down, but it is also slowing down. What if now it starts to go up again, and there is nothing we can do about it?
The economy did not respond well to the shutdown, it was most definitely not a good thing. So i have a question... If the government shuts down again in January, what is going to happen to our economy?
That's a very interesting question posed. I think that the government's economy won't go down if we have another shutdown of only like 22 days or however long the government shutdown was. But I think that if our next shutdown is long, I think that could have a major effect on our economy.
ReplyDeleteThis is just one month. October. There's still 11 other months where we could and have posted gains in job creation. Now, at the time of this posts's posting, we would not have known for sure that we grew more jobs but since its December and the holiday shopping is nearly done we usually add a lot more jobs especially seasonal ones to fill the empty registers.
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