Are we coming out of this recession?

Signals of a recession winding down. (edit/delete)

According to a Wall Street Journal article today...

By BRIAN BLACKSTONE WASHINGTON -- U.S. job losses softened markedly last month, sending one of the strongest signals yet that the severe recession may be winding down.

http://online.wsj.com/article/SB124420479347588831.html

That said we still have 17 months of joblosses on the books matching a record set in 1981- 1982.

We have a way to go to climb out of this recession an I will take this "slowing" of the job loss as one sign we are reaching the "turning point."

Job Loss by month

January 2009 - 741,000
February 2009 - 681,000
March 2009 - 652,000
April 2009 - 504,000
May 2009 - 345,000

I always like to share when I find news that is good. Count your blessings today if you are one of the ones with a job.

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kathryn@greenkeyproperties.com