We have a first unemployment rate counted at 9% with the real rate at about 27%.This economy  seem to running out of ways to move out of trouble.No party seem to find a way to fix the problem which is giving the market  volatility.

On the topic of unemployment benefits to be extended.At the present time a person can collect for up to 73 weeks. This should be more than than enough to locate another job. These benefits were meant to help with the transition between loss of jobs . This is not welfare.

Retailer are gearing up for seasonal sales. You would see additional hiring of temporary workers in this quarter. I would  expect to see a  return to the original numbers after the new year . I find that the unemployment to a false indicator which do not reflect the real number. This does not count the transitional wor...more