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UNEMPLOYMENT: ON THE DECLINE?
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ow many people realized the state of the American economy before September 11th? Were we in denial or oblivious? Many people were under the impression that it was the attacks that brought about the fall of our economy, however, reports show that America's economic woes began as far back as March of 2001.
The 9/11 attacks brought the problems to light in a very harsh manner. The layoffs occurring in the airline industry were like a giant slap across the face of America. The reopening of Wall Street was a day of both pride and fear for millions of Americans. We knew we had taken a hit and all we could do was sit back and just watch the market plummet.
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were at the lowest level since July 28th.
With the Federal Reserve cutting interest rates 11 times in
the past year, a proposal for tax cuts, and numerous interest
free buying options out there for consumers, it looks that
we may be getting back into the swing of things
Continue on page 3
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Americans
braced themselves for the inevitable; the announcement of
an official recession.
Here it is, December and it seems we may be seeing a glimmer
of light at the end of the tunnel. The Labor Department
put out a statement for the week ending, December 15th that
claims for unemployment benefits
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'TIS THE SEASON FOR JOB HUNTING!
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he holiday season may find some people hunting for not only gifts for loved ones, but also for jobs for themselves. Recent studies have shown that the winter months seem to be the prime time for a job seeker
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to find employment. The winter months may seem like the last season you would see people pounding the pavement in order to find a new place of employment, however the smart job seeker will realize these few, but crucial facts.
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One, someone
who is unhappy in their current job situation will most likely
hang on until the end of the year to receive the much needed
bonus. Once their bonus is in hand they will be ready
to move on. On the other hand, those who stick
Continued on Page 2
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