4-Month High for the Dollar

High Balling with no Jobs

By Lossie Hudspeth

This article gave me a lot of hope and some doubt in terms of where our economy is heading in the upcoming months. The dollar has remained at a high point for 4 consecutive months now and that is due to the amount of people filing for unemployment benefits. The fact that low employment rate equates a higher dollar makes me rather nervous. What does this mean for those who are benefiting from the cost of the dollar as to those who are still seeking employment trying to gain the dollar. The hope for our economy comes from the value of our dollar. With the dollar valuing more than in the past few years, this brings me to believe that our economy is looking up. How much we are able to get by with the dollar and so on. The doubt for me factors in with the unemployed workers of the nation. What does unemployment do for America? Of course every time we have an all time high of employment it is during wars or natural disasters and that is almost always followed by a depreciation of the dollar or some recession.

The link to this article can be found here.