Monday, April 6, 2009

Crisis Not Quite Over


Here's an article from Bloomberg outlining a recent drop in U.S. jobs. This is important because employment is one of the key measures in economic health and when employment is hurting, it is indicative of a struggling economy. 

A measure of U.S. job prospects fell in March for a 14th straight month, indicating the labor market will deteriorate further, a private report showed.

The Conference Board's Employment Trends Index last month decreased 2.3 percent to 90.1, the lowest since February 1994, from a revised 92.2 in February, the New York based research group said today. The index declined 22 percent from a year earlier.

Click here for full article

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