Posted by & filed under Uncategorized.

Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%.

Source: CNNMoney.com

Date: 7/03/2009

Keys: Economic activity, business cycle, government

Link: http://money.cnn.com

Questions for discussion:

  • What does the high level of unemployment suggest about the current and future state of business activities? Explain your thinking.
  • Why are the numbers of unemployed people an important concern for predicting the future of economic activity?
  • Is there a positive side to these high figures? Explain your answer.

Leave a Reply

Your email address will not be published.