December 31, 2009

Unemployment Drops – Oil Prices Rise

Jobless numbers this morning were lower than analysts expected, coming in at 432,000, down 22,000 from last month.  Economists had expected the numbers to be around 460,000. 

Today’s jobless numbers are the lowest since July, 2008. 

This report, along with a 70% rise in world oil prices over the last year could very well signal a turnaround has occurred in the economy.

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