After four consecutive weeks of growth by the Dow Jones, this next week will provide the next test determining the overall health of the U.S. economy. Even with less then stellar news coming out lately regarding record job losses and troublesome news about GM and Chrysler, the stock market has remained relatively stable and actually seen some growth. This has actually caused many economic experts to say that the worst is over, but that remains to be seen. The next key test will be when the first quarter earnings reports are released over the nest couple days.
According to economic experts, unemployment will be the last thing to recover, as sales must increase and business owners will increase hours of current employees before they start hiring again. That is why everyone keeps saying that unemployment will continue to rise even with a slight increase in sales.
http://news.yahoo.com/s/afp/20090404/bs_afp/stocksusweekly;_ylt=Av90ajZP.weD5iO1SBbQ5lWyBhIF
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