petes2cents

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Unemployment Hits 10.2%

Over ten months ago I forecasted a nationwide unemployment rate of 10.4%. This mornings release of the current unemployment rate hit an all time high of 10.2%.

Additional reports are showing that employers are starting to ease and are employing job seekers. Many new employees are finding themselves in newly created positions, as our nation and the world shifts into new technologies.

I am hoping that my calculations do not pass my original number of unemployment of 10.4%, as we move into 2010, and company earnings show signs of improvement.

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