Friday, May 7, 2010

Spin Alert

Why a Rising Unemployment Rate is Good News

It sounds dreadful. After drifting down consistently since last fall, the unemployment rate has suddenly shot up again, from 9.7 percent in March to 9.9 percent in April. But don't despair: A rising unemployment rate is actually one of the best signs yet that the economy is bouncing back.

When bad is good compliments good is good (reasoning), how does anyone lose? This analysis only creates confusion. The end result of confusion and unrestricted program selling are panic declines.

Source: finance.yahoo.com

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