Let’s Know About : Is The US Economy Doing Better ?
Yep , We hear about it every where , The first global economy appears to be picking up again. The destruction of jobs have slowed significantly in the United States, and the unemployment rate has fallen against all expectations( 9.4%), according to official statistics published by the Department of Labor, The White House apparently returns to smile after several months of bad news
With more precise data about the seasonal variations, the U.S. economy has eliminated 247,000 jobs over the month, against 443,000 the previous month. It’s better than what economists had anticipated, which had predicted an average of 325,000 jobs to be destroyed. But this does not mean a real improvement in the economy.
The surprise came from the decline in the unemployment rate to 9.4% in July against 9.5% the previous month, while economists were expecting a rise to 9.6%, and the authorities have warned that unemployment was going to go up until 2010The rate had not decreased since April 2008. The number of unemployed has decreased to 14.462 million, against 14.729 million in June .
The White House says that these statistics must be taken with some caution , which means it’s a bit early to claim victory
, and This decline in the unemployment rate doesn’t mean a real improvement in the economy.
So the question is will this positive trend last the next months ? have we really turned the page on the economic crisis? Will everything be as how it used to be before ? all theses question have no answers now , but the next months for sure will answer all our questions .





it’s just what they want us to think , franckly thing are maybe doing worse