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The New Look

is used deals with the number of "help wanted" ads that are published. This process is a compilation of the number of help wanted ads that are measured in fifty-one major newspapers across the United States. These counts are then converted into an unemployment percentage through the use of an index. It is no secret that the goal of every country is to have a productive and stable economy. One which will allow it's people to function and operate effectively. Currently in the United States, the economy is booming. This boom in the economy has lead to a decrease of about four thousand less new claims of unemployment per week. This drastically low rate has posed a problem for economists, inflation. "The Growth of demand has continued to outpace that of supply, as evidenced by a decreasing pool of available workers" (CRUTSINGER). This has led economists to believe that employers will begin to "woo" employees thus increasing prices and causing inflation. The goal for the federal government has now become to slow down inflation. There have been several different policies that have been proposed to meet this goal but the most prominent one deals with interest rates. Recently, the federal government has given many hints of a possible increase in interest rates. Mainly they have been hinting about an increase in the rates at which banks loan each other money which will in turn increase the rates at which the banks lend out money to the public. This plan of action is not being supported by everyone. Recently during a day of extensive trading on Wallstreet, the market had been doing really well. There had been a gain of 106 points for the day until the final two hours of trading when there was a drop of 124 until the market closed with a net drop of 0.64 points. This...

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