On October 13 I wrote:
I'm going out on a limb now, but I think the 4th Quarter of 2005 will be viewed, retrospectively, as the beginning of a new recession in the U.S.Since then, the stock market has done pretty well with the S&P going from around its yearly low to near its yearly high. Does that mean no recession?
Well, let's not confuse the stock market with economic activity. Especially in Michigan.
- Ford to cut 4,000 white collar jobs in North America by early next year
- Forecast: Manufacturing slump to hold down Michigan's economy
- Michigan job losses to go on, U-M says... despite recent declines in Michigan's unemployment rate, they forecast the jobless rate in the state to begin rising again soon, peaking at 7.6% by late 2007.
Maybe it's in Florida?
Florida job market is enviableDoing what?
In the Orlando area, unemployment rate hits 5-year low
In certain sectors such as information technology, human resources and engineering, employers are bidding for the services of skilled workersMust be the warm weather....