To the Point
Job Numbers Point to a Long Recovery
The numbers are going down and the economy may be looking up. The unemployment rate has dropped to its lowest point since the peak of the recession in September 2008.
By Barbara Bogaev • • 1 min readThe numbers are going down and the economy may be looking up. The unemployment rate has dropped to its lowest point since the peak of the recession in September 2008. The economy added 288,000 jobs last month, lowering the joblessness rate to just 6.1%, and the stock market seems to be celebrating these numbers with the Dow Jones hitting an all-time high of 17,000. To figure out what all these numbers mean, we turn to Tori Stilwell, a reporter with Bloomberg News.