The US economy lost far fewer jobs than those cynical Wall Street analysts predicting thereby proving "does Bush know how to run an economy or what?" or something. And, since more people gave up hope of ever finding a job again than the 20,000 freshly made redundant the unemployment rate actually went down!
Personally I think that this unexpected "improvement" is driven by a realisation on the part of American business that they are paying so many people so little that laying them off is more trouble than it is worth.
Personally I think that this unexpected "improvement" is driven by a realisation on the part of American business that they are paying so many people so little that laying them off is more trouble than it is worth.
No comments:
Post a Comment