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Jim Phaserman

The American Economy

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Today, the DOW Jones Industrial Average, long considered one of the big indicators of the American Economy, hit a 2 1/2 year high ov 10,737.7, up 123.87 points. so what does this mean? Well, for one thing, people are making money. if companies make money, they ussually have to produce more of their product. to produce more product, they need more employees.

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More people can get jobs getting money and than spending it on stuff making the price rise thus aiding economic growth and lowering unemployment that lowers crime.

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Here's an economy lesson. Economists consider a 6% unemployment rate FULL employment. the current unemployment rate in the US: 5.7%

Man im dumb sorry

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