U.S. Unemployment Rate Improves

For the first time in nearly a year and a half, there is good news on the unemployment front. Although there was a lot of positive news, the best news may be that the U.S. unemployment rate improved from 9.5% to 9.4%. Most experts were expecting an increase, so the dip — even though it was slight — is a great sign for the nation’s economy.
In June, more than 440,000 jobs were lost. In July, that number dropped all the way to under 250,000. Experts had predicted significantly more job losses.
Other stats released by the Labor Department include a jump …read more