Hints of Economic Recovery

November 28, 2010

For the first time since the Economic Crisis of 2008 hit the Americans, there are some signs that the economy is recovering. Four states have reported an increase in jobs during the month of October.

California, New York, Florida, and Texas have reported an increase of 134,300 jobs combined while there has been no change in the unemployment rate. There is hope in that the income taxes derived from hiring people to fill the jobs will help the budget deficits of each of these states. There is also some speculation that younger people may be finding jobs or people who are unemployed are now regaining confidence in looking for jobs.

whatever the case, it is refreshing and encouraging that there are new jobs available.

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