Home > Recruiting > Six Point Five

Six Point Five

That’s what we’re looking for. 6.5 percent unemployment.

The Fed Chairman told us last week that when we hit 6.5 percent on unemployment we’ll start to look at tightening. The idea is that they would want to make sure things don’t get out of control.

Make what you want of politics and policy makers, but it’s a pretty sure bet that these folks have their finger more on the pulse of things then the rest of us. What we are being told, in no uncertain terms, is that we have definitely recovered when we get to 6.5.

So there it is. A benchmark to watch for. In the meantime, this slow recovery is pretty good.

todd@toddkmiec.com

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: