00×300.jpg” alt=”” width=”200″ height=”300″ />Just like this summer's heatwave – constant and unrelenting – so are the unemployment numbers. Nothing much has changed, except th
at the U-6 unemployment rate (remember those discouraged workers?) has ticked up a bit from 14.8 percent
in May to 14.9 percent in June. Also, the teenage unemployment rate has fallen slightly from 24.6 to 23. 7, but black unemployment has risen from 13.6 to 14.4 percent. Thus, wherever there appears to be some good news, corresponding bad news follows. Despite the stagnant numbers, lawmakers appear to be in no hurry to
solidify any certainty going into 2013 (i.e. clarifying next year's tax rates, putting a budget in place, and being forthright about the impact Obamacare will have on small business), leaving firms waiting and wondering.