tag:blogger.com,1999:blog-6824345661289105799.post421572296504030413..comments2023-11-03T08:36:09.683-05:00Comments on Brooks Wilson's Economics Blog: Four Week Moving Average of Unemployment RisesBrooks M. Wilsonhttp://www.blogger.com/profile/17097849558228531431noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6824345661289105799.post-58863160518652257372009-06-16T17:00:05.223-05:002009-06-16T17:00:05.223-05:00Many factors have an impact on the business cycle ...Many factors have an impact on the business cycle which in turn affect unemployment rates. As demand of a product increases so does the price; however, this is not always as bad as it seems. Since there is a higher demand of the product, more employees are needed to produce it; therefore opening new positions in the job market. It seems to me that as unemployment rises, demand for goods and services falls which leads to further job loss. In my opinion, if we don't let the "doomed economy" scare us and we keep spending money like normal, maybe demand would stay up and unemployment would stay at a minimum.Lori Cockrellhttps://www.blogger.com/profile/02802130214697558881noreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-71050323365639735902009-06-10T23:26:50.073-05:002009-06-10T23:26:50.073-05:00I agree with above comment that I don't think ...I agree with above comment that I don't think we are destined for doom! But sometimes you have to hit rock bottom in order to climb back up. Or as my mother thinks we are retracing our steps from the past events with war and depression! Just hopefully we wont be hit as hard as it was in the past.Kayla Hardingnoreply@blogger.comtag:blogger.com,1999:blog-6824345661289105799.post-82732125776729716002009-06-09T19:43:13.050-05:002009-06-09T19:43:13.050-05:00Unemployment is falling slowly but surely. It may ...Unemployment is falling slowly but surely. It may or may not indicate a progress towards a good economy but, nonetheless we must not grow weary and be patient. We must not only rely on the unemployment rate to indicate a good economy. I believe that another good indicator for wealth is overall happiness that our citizens experience. My friend asked me while fishing a week ago “Do you think we are destined for Doom?” I replied “No!”<br /><br /> Yes we are in an uncertain economic position but our overall joy and addiction to leisure also indicates that as Americans we love to relax and have fun, our economic position has not derailed us from living the Good ole life. Even during troubling time we find time to go fish and swim at the lake, whereas in other countries it would be unthought-of to go spend money and have fun while we are down on money. We then were interrupted by a zooming boat with a red, white and blueErnesto Ibarranoreply@blogger.com