U.S. jobless rate drops to 2-1/2 year low

In the article, "U.S. jobless rate drops to 2-1/2 year low," the author mentions that U.S. unemployment rate dropped to 2.5 years low since March 2009. This is a sign that U.S. is walking out from the economy crash in 2009. According to the graph we discussed in class, there is a dramatic rise in unemployment rate during the great depression. The unemployment rate did go back to the average after the great depression. We now see a similar pattern for the unemployment rate. The unemployment rate has dropped since 2009 which means the economy is continuing to head in the right direction. For further information, please visit: http://www.reuters.com/article/2011/12/03/us-usa-economy-idUSTRE7AL14I20111203