The Jobless Rate.
Date Submitted: 07/26/2003 09:08:39
I found the article while reading the business section of CNN.com last week. It's subtitled "Historically speaking, unemployment could be a lot worse, but it should be an awful lot better." The Author, Mark Gongloff, makes a quick point to inform the reader that the unemployment rate is at its highest level since July 1994 but it's nowhere near the highs it hit in the early 1980's and 1990's. But these are different times and
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to state any opposing views on the subject, even as a basis for comparison. I guess it's hard to find someone who thinks the unemployment rate should actually rise. I, too, couldn't find any opposing points of view.
I found myself looking for more information after I read the article. I liked the way the author put forth his views without using much jargon. It was a simple article to read and easy to understand.
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