Friday, June 02, 2006

4.6%

FULL EMPLOYMENT

The new unemployment number
shows that just 4.6% of the nations workforce is without a job after the government said that 75,000 new jobs were created in May. Of course, many in the media are saying that the job figure is much lower than anticipated and might be a sign that the job market is beginning to dry up. Wishful thinking.

This economy is like a well-oiled machine right now, and any unemployment number under 5% is bascially considered full employment by most economists. Things look very good, now if we could only get oil prices down, it would be perfect.

-Brad

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