IT Workplace Economy

Throughout the last five years, national economists have been quite dissatisfied, if not completely alarmed, by the volatility of the United States’ economic conditions as the economy has slowly recovered from 2007’s recession.

Prior to the release of the BLS’s “The Employment Situation – February 2012” report, President Barack Obama established a positive tone as he spoke about the national economy during the first week of March.

• 243,000 jobs added to the national economy in January.
• National unemployment rate drops for the fifth straight month.
• Dow increases to its highest level since May 2008.

As millions of Americans gathered together with their friends and loved ones on New Year’s Eve, many counted down the final ten seconds of 2011, eagerly anticipating the dawn of a new year and new promises for a better future.

During recent presidential debates, various governmental leaders have shared their opinions on several taxing issues that are currently influencing the lives of millions of Americans. However, one particular topic — job creation — has been discussed more than any other issue.

In January 2009, President Barack Obama’s economic team released a report regarding the anticipated projections of his $775 billion stimulus plan, which, at the time, was expected to reduce the nation’s unemployment rate and create thousands of new jobs amidst a global economic recession.