Unemployment May Be Stabilizing

Unemployment rose to 9.5% in the US, the highest percentage since 1983. Although the market reacted unfavorably, the rate seems to be stabilizing. Each month's job loss numbers are dwindling, suggesting a stabilization in unemployment rates. The EU has also seen its unemployment rate hit 9.5% showing a global impact.

We should know that unemployment will not decrease until we are well out of the recession. Until companies start making money and expanding their business lines again, they will not hire any more people. Investors should like the decline in monthly job loss numbers and should look at this as an improvement in the economy. However, investors refuse to see this and keep reacting adversely and will continue to do so until the rate itself declines. Rates should see a decline soon as outlooks look to improve in the near term. Cash money can be made whether you have a job or not. Just keep playing off of others' mistakes.