U.S. jobless rate drops to 9.7 percent - Orlando Business Journal:
This is only a very small part of the jobs story. The revisions tell a much different story than what actually happened last year.
Unemployment Revisions
The revisions showed the government statistics off by 800k jobs last year... what?!!! How could anybody be that far off and not be fired? I don't know how this could not be somebody cooking the books. Some of the months were off by 100%, really. The recovery in the job market and the economy can't happen until we have everybody hit reality. As far as I see it there are only a few segments left to hit the reality bus... politicians, bankers, celebrities, news anchors and athletes.
4Q home construction slowed, sales jumped - Orlando Business Journal:
As long as we continue decreasing the inventory and stay stable on the amount of sales we will have a point that the builders will have to build because they have all of the demand. This will be the bottom everybody is waiting for and we won't know until it pasts us.
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