US jobless claims fall to 15-month low (click here)
By Alan Rappeport in New York
Published: March 25 2010 13:30 | Last updated: March 25 2010 13:30
The number of Americans claiming unemployment benefits fell to its lowest level since December 2008 last week as accelerating economic output helped slow the pace of job cuts....
Can citizens 'force the curve' to improve. Yes, but, it isn't advocated to that. USA Citizens that feel confident and secure should seek to do business in the market place and help force the re-employment curve to improve.
With Summer months coming, the service industry of tourism may be a big contributor to the economic recovery if Americans and foreign tourists feel confident enough to enjoy some real bargains.
Should people 'force the curve' if uncertainty is still a present aspect to their lives and families? Absolutely not. Having a realistic budget is the BEST economic recovery the citizens of the USA can have and abide by. It is far more important to find secure and stable footing and to attempt to improve the economy in a faux dash for bargains.
It will happen, it just might take a little longer than everyone wants, but, it will happen all in due time.
The unemployment rate in California will average 11.8% in 2010, according to a UCLA economic forecast. The rate was 12.5% in January, the highest since World War II. Above, job seekers talk to a truck driving school recruiter at an employment event in Ontario. (David McNew / Getty Images / February 25, 2010)
California's economic recovery will lag behind the nation's in 2010, but then overtake it as U.S. consumers start buying again and goods come through the region's ports and transportation hubs, according to a forecast released Wednesday by economists at the UCLA Anderson School of Business.
The state's unemployment rate won't fall below double digits until 2012, economists predicted.
"It's going to take a while," said Jerry Nickelsburg, a senior economist with the forecast. "We dug a pretty big hole."
The state will benefit from U.S. consumer spending as imports come through the ports and generate jobs in logistics and transportation. But consumers aren't yet spending very much, indicating this year will be a slow one for the state....
