Unemployment

Can't blame the Administration for emphasizing any good news.  Today's unemployment figures are the highest since 1983.  Many of the work force were not alive in 1983 (I was and well into the work force by that time). But the Obama Administration noted that the rate of increase, the rate, was slowing down from the previous months.  So although we have over 5 million people who seeking unemployment insurance, and probably just as many who are unemployed and ineligible for unemployment insurance and hence not counted, the rate of adding more people is apparently slowing down.

Or, or perhaps every one is just taking a breather from laying people off, waiting to see if there is any good news in the economic horizon.

What baffles me is how we can go from such dire economic news in March and April, to finding silver linings in early May?  Is the economy really beginning to turn around?

Stay tuned!

In the meantime, those 5 million people, or probably more accurately 10 million, our neighbors, friends, family members, they are scared, nervous, and feeling a little hopeless.  The 8.9% is not just a number, it's people.