The latest Economic Situation new release from BLS suggest the economic might take a while before getting to 9.0%.
Government statisticians say the unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
Here is an interesting an interesting website about government statistics. The siteis maintained by John Williams.
In the 19th century small business folk traded gold and money. And then the
banks took over.
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One Spring Monday in 1852 around thirty gold buyers gathered for the
evening at Mrs Black’s Royal Hotel in Bathurst, which was (and is) just on
the other s...
9 hours ago
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