02 July 2009

Unemployment Rises to 9.5%

An increase is an increase, but the rate of increase seems to have slowed this month. June's 9.5% unemployment rate is up from 9.4% last month. After several significant monthly jumps since September, a one-tenth increase, while something to be concerned about, gives one hope that perhaps (perhaps) the downturn is putting on the brakes.

Now if I just keep telling myself that...