Jobs Data Shows Increasing Unemployment

Jobs data was reported this morning, and the verdict is in: Increasing unemployment is the trend. The Wall Street Journal reports on unemployment:
The U.S. unemployment rate posted its sharpest one-month increase in 22 years last month, suggesting U.S. consumers already facing a housing slump and soaring gasoline prices now confront growing pressure from a weakening jobs market.
Even if we are not in a recession — and even if we manage to avoid one — it is a good idea to treat your personal finances as though that is where we are headed. If you are worried about your job, now …read more