Monday, what a glorious Holiday weekend for celebrating the birth of our Nation. But it's Monday and time to get back to work and according to the jobs numbers last week more people are doing just that. 4.8 million workers went back to work and the unemployment rate dropped to 11.1%. That's a long way from the 3% unemployment rate earlier this year but still an improvement.
The attached article shows the wisdom of building the economy on a manufacturing base. In May and June over 600,000 employees in manufacturing jobs went back to work.
Factory orders rose 8% in June another good sign.