State of Us Eco.

the state of Us economy is worse than it looks. Many are looking to the expansion of factory production, proving once again how the economy is ignorant. "when states experience economic hardship they turn to gambling. Almost all gaming increases are related to the economic downturn.A recent push to build casinos slot parlors at race courses, particularly States whose residents pop over the border to spend, and generally lose their hard-earned gambling cash, are looking to increase betting opportunities in their own backyard to keep the money in state in the Northeast, echoes similar moves elsewhere in the early 1990s when economic recession hit.

The economy is getting to be an annual ritual. Officials in New York, California, Florida and Washington this year have all expressed concerns about the outlook. The problem comes partly from short-term issues, including a weak economy and woozy real estate markets, but more basic problems explain the capacity of states to forecast them accurately. Efforts to drag state tax systems into the modern age are making slow progress against a wave of anti-tax fervor and resistance from businesses. As a result, states are less able to count on sales and corporate tax revenue,(The amount of money that a company actually receives during a specific period), forcing them to rely on personal income taxes, a volatile revenue source.

US employers added fewer workers than expected last month but the latest jobs data provided welcome news for President Barack Obama, as the unemployment rate edged down to its lowest in six months. The unemployment rate edged down to 9% from 9.1% in September and is the lowest since April. It was a small move but should still give some boost to Obama as he battles stubbornly high unemployment. A financial professor cautioned that while employment continued to grow, the pace is still too slow to keep pace with US population growth or to curve back all jobs lost in the downturn. It bodes ill for the high unemployment rate, which has more than doubled since before the global financial crisis.

The American job market improved modestly in October, and economists looking deeper into the numbers found reasons for having hopefulness or at least what counts for optimism in this agonizingly (to make great effort) slow economic recovery. One government survey that tracks the job market by canvassing households found a gain of 277,000 jobs in October and an average of more than 300,000 jobs a month since August. The number of people considered long-term unemployed, meaning they have been looking for work for at least six months, fell by 366,000, to 5.9 million. That is the fewest since April.

The economy will continue to become worse. In order for it to get better it has to fall. people are continuing to lose jobs. We are at a crisis. Some people worry about how they going to survive the next day. People are also depending on unemployment checks, but that can only take them so far. No one wants to live like that. But then too nobody that is suffering like that are not doing things to make it better. We have a say in this, we should start saving more than what we buy. There are various ways to help keep yourself stable. Put yourself on a budget, no one wants to cut out on the spenses they make daily but yet complain. Do something about instead of having to suffer, it only makes things right.