We are hearing rumors recession has ended, I am sure that the people still out of jobs may have another response to that.
It sounds as though creating new jobs is still one major hurdle we have to overcome. It may take time to turn things around enough to be able to create those jobs. Many companies have not replaced workers that were laid off yet, they have found a way to muddle though without adding employees. We have to hope that the economy gets fired up enough to warrant more employees because people are spending more and they need more help in the companies to run them more efficiently. That is my hope.
Real Estate is starting to move some again I am happy to say, new home sales in our area have increased as well as resale homes. So is the recession over?
People seem to be buying and doing the things that are important to them . Check out the casinos, they were and have been busy, people tell me they haven’t seen much of a recession at the casinos, maybe they are hoping to win. I still see the pan handlers smoking and at the price of cigarettes makes you wonder if the recession has affected them.
So do as we may, the economy is coming back, at it’s own pace and I think as it does we will see jobs start to come back too. My assistants paper in the small town she lives in had only about 1 ½ short columns of Help Wanted ads for such a long time. This week there are 4 ½ longer columns, so she is seeing an increase in jobs in her area.
This new, Bring in Your Clunker Program and receive money off of your new car plus incentives from the companies is really going strong, almost to strong. I wonder how long this program will last, whose going to buy all those clunkers? This program is not doing anything for the used car lots. So it is helping one and hurting the other, there is a down side to everything that is done it seems.
Today the Dow is over $9,000 so we are seeing the improvement there too. Our retirement funds are starting to recoup and for that I am happy. I have heard it said many times that the stock market usually recovers 6 months before the actual recovery starts to show in our everyday life. So lets hope for the best and try to send the positive on.
I receive so many emails that are political, just remember you can’t always believe everything you read in an email, or newspaper, check out the facts for yourself, don’t be a follower you never know where you might end up.
Have a great week.