Job loss Rate
I know this graph doesn't look good - but the yellow bar shows LESS job loss, which translates into positive momentum for the economy (Click HERE for the New York Times article).
In the same vein, a survey by Price Waterhouse Coopers shows that manufacturers are feeling LESS pessimistic about the overall economy (click HERE to read the survey findings).
Couple that with the positive market reactions to the jobless rate news, and it appears we have some good news going into the 2nd half of 2009. (thats my story and I'm sticking with it today).
