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Friday, February 4, 2011

Employment: No bad news is good news.

Today’s Washington Post carries a story about a decline in the unemployment rate, which is very good news. The economy only added 36,000 jobs, but analysts had feared work… including an actual jump in the jobless rate. See this Associated Press video for more information.

Implications: If you own or manage a business, you know that few things elevate consumer confidence and spending activity like a gainfully employed customer base.

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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