Friday, October 31, 2014

WAGES UP, UNEMPLOYMENT IN CITIES DOWN

All the economic news seems to be good, but according to the media and polls, people don't recognize it.  Perhaps it is too recent for them.

Wages gains are now confirmed to be the best since 2008 (http://www.cnbc.com/id/102140846?trknav=homestack:topnews:20)

Unemployment in one-third of the cities is below 5%: (http://blogs.wsj.com/economics/2014/10/29/jobless-rate-below-5-in-nearly-one-third-of-u-s-metro-areas/?mod=djemRTE_h)

Consumer Sentiment Index is up: https://www.conference-board.org/data/consumerconfidence.cfm  The index surged to a score of 94.5 in October, up from 89.0 in September.

For other economic news see: http://stopcontinentaldrift.blogspot.com/2014/10/employment-and-consumer-sentiment.html; http://stopcontinentaldrift.blogspot.com/2014/10/consumers-are-better-off-finally.html

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