Unemployment numbers improving a good sign [UPDATED]Published 9:53am Thursday, February 7, 2013 Updated 11:55am Thursday, February 7, 2013
When times are tough, one has only to look at the local charities. The past few years, the number of people seeking help are up, which seems to indicate economic recovery is quite sluggish here.
However, the unemployment numbers tell a better story and we remain cautiously optimistic that the numbers will continue to improve.
Right now, with some seasonal layoffs reported, unemployment is the lowest it has been since 2006, a couple years before the economic downturn began. December 2012 unemployment is actually lower than then previous December, which leads us to think that when the seasonal workers return to their jobs, the numbers will be higher even than last year, an indication that our economy continues to improve.
As the rebound continues and seasonal workers get back to work, we expect the local economy will be the winner. And local charity’s coffers may also see less need. All around, it is a win-win.