Robert Johnson, Morningstar’s associate director of economic analysis, talks about whether the economy really is improving, when unemployment may peak, the U.S. government’s economic stimulus package, wages, raises, and more.
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I do not think we have hit bottom yet. Rumor has it that there are still 71 people in the United States who have jobs. I would wait for a few months to see if that number goes down.
Howard – he posted thoughts today indicating he still thinks we hit “an economic bottom.”
http://news.morningstar.com/articlenet/article.aspx?id=298579
To be determined …
Todd