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Job Loss Relief?
There’s a careful optimism growing in the employment world these days. The stock market is up, the dollar is up and there’s news today that the unemployment rate has gone down to 5% this month. And though the number of jobs lost in April hovered around 20,000, that number is much lower than they were expecting.
Hooray! The economy is working again! Let’s all have a drink to celebrate!
Not so fast. We’re not out of the woods yet. If you’re reading this post, you're probably still dealing with a job loss and you’re not ready to ring the victory bell yet. But all this news is pretty hopeful, right?
Do you think the job market will turn around soon or is the worst yet to come? [Associated Press]