Create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I think you have to be a little realistic and you take what you can get, so if its a nominal rate of 2 thats fine. Every step in the right direction is great. Reporter the weird thing about the latest snapshot of the u. S. Economy, is the contradictions. Consumers went on a shopping spree in the third quarter, shrugging off the threat of higher taxes next year. Businesses, on the other hand, pulled back sharply on their spending, the first cutback in Business Investment in
Create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I think you have to be a little realistic and you take what you can get, so if its a nominal rate of 2 thats fine. Every step in the right direction is great. Reporter the weird thing about the latest snapshot of the u. S. Economy, is the contradictions. Consumers went on a shopping spree in the third quarter, shrugging off the threat of higher taxes next year. Businesses, on the other hand, pulled back sharply on their spending, the first cutback in Business Investment in
That 2 pace was stronger than expected and much better than what the economy experienced in the second quarter. Suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. Reporter an economy growing at a 2 annual rate is hardly anything to celebrate. Sure it couldve been worse. But, clearly at threeyears post great recession, it should be a lot better. Experts call it a sideways economy, one that is unable to create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I th
What the economy experienced in the second quarter. Suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. Reporter an economy growing at a 2 annual rate is hardly anything to celebrate. Sure it couldve been worse. But, clearly at threeyears post great recession, it should be a lot better. Experts call it a sideways economy, one that is unable to create enough jobs to bring down the nations stubborn Unemployment Rate. But, people on the streets of new york have different takes on what a 2 economy means to them it means first of all that anyone trying to look for employment is going have a tough time but dont give up. I myself was out of work for eight months, before i got my present job, but i just hung in there. Right now, for us middle class folks, that probably doesnt mean much. What that will do is that will free up money on the upper end of the category. I think you have to be a little realistic and you take what you