January 6th, 2012 10:49 AM by Cat Moe
Unemployment Rate Falls to 8.5%
The Nation’s unemployment rate continues to trend down. It slipped to 8.5 percent during the month of December as the economy added 200,000 new jobs. , the U. S. Department of Labor said Friday morning. December marks the sixth consecutive month of 100,000-plus job gains and the first such stretch employers have been able to string together since 2006. Over the 2011 calendar year, payroll employment rose by 1.6 million
Here at Moe Real Estate Investments, we take this information really serious. So many of our friends and clients have been going through horrible periods of time due to unexpected unemployment and lack of jobs to re-invent themselves. While the drop in unemployment rate seems to be ever so slight, it is indeed a step in the right direction. And the fact that this is a trend of six consecutive months, I am keeping my fingers crossed for everyone out there. Let’s make 2012 a great year !!