Some More Positive Signs
Monday, October 5th, 2009Some More Positive Signs
Maybe a drop at a time, but oceans too are made up of drops and Rome was not built in a day. So we have some more fragile and tentative signs of the recession beginning to go away. There was a drop in the number of first time jobless claims filed last week, and housing construction rose in August.
True that these positive signs are mere flashes, but the hope is that they will, maybe not very soon, but nevertheless at some point, turn into a strong bright light which will draw the country up and on to the path of growth.
There remains a large amount of pain which the country still has to bear. The unemployment situation is not going to get better in a hurry and the average individual is expected to continue to suffer the stresses relating to job losses, and poor hiring.
Daniel Elliot