Friday, December 02, 2011

November Jobs Report: Hiring Up, Unemployment Down





While reading the article, it kinda made me feel happy because the unemployment rate fell down. And as you can see in the graph, it really did. But reading further, I doubt it that the unemployment rate will remain unchanged because we can't really predict such thing. We never know what are the people thinking. Maybe in just one snap, there will be more people looking for a job because every year, there are bunch of graduating students and the economy couldn't provide everybody the jobs they're looking for. Companies have high standards and what if those people couldn't meet their standards then they will never be hired. Due to this, people will get tired of looking for a job until they give up on it. 

But on the brighter side, it's still a good news that the unemployment rate went down. The industry is doing their best to give everybody a job so the economy wouldn't be on poverty. And with this, the economists play its important role because they're the ones studying and analyzing everything about the market to supply everyone's needs and satisfactions.