JOB LOSS SLOWS ACROSS AMERICA

The job loss slowed in April as the market begins its recovery. Jobs are always a lagging indicator. I believe we will be in recovery by the 4th quarter of this year. As the sales of homes continue to improve, this will add jobs. More lenders, more title reps and more Realtors. As these new home owners move in to these REO, foreclosure, homes; they will need to fix them up. They will buy paint, carpet, appliances, plants and furniture; or better yet hire contractors to do much of the work. This will continue to add to the job market and bail us out of this mess.
Just my opinion...Jeff Cameron
Article from CNBC.com below
Layoffs Slow To 539,000 in April; Jobless Rate Rises
Microsoft CorpBy: AP and CNBC 08 May 2009 09:37 AM The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months.
But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given all the economic uncertainties.
The Labor Department tally released Friday wasn't nearly as deep as the 620,000 job cuts that economists were expecting, and was helped by a burst of government hiring.
The rise in the unemployment rate from 8.5 percent in March matched economists' forecasts.
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http://www.cnbc.com/id/30638052