Unemployment is up again for July, at 8.3%, as the normally economically strong summers months continue to flounder. While 163,000 jobs were added, according to employer surveys, 195,000 jobs were lost. Additionally, including those who have given up seeking employment and those who are working part time because they can’t find full time work continues in the 14-16% range (also know as the U-6 number). With all of these grim numbers, what can pull the US out of this economic rut?
Bad news usually is released on Friday, especially when other bad news is filling the headlines. What other bad news do you predict will be released this weekend?