Posted in Trends

Unemployment Rate Falls to Lowest in More Than Two Years, Thanks to Small Businesses

Photo courtesy of
Photo courtesy of

The November 8.6 percent jobless rate is down from the 9 percent reported in October. The last time the employment rate was 8.6 percent was in March of 2009. November’s job creation was steady, with employers reporting they added 120,000 people to their payrolls. The latest numbers are driven in part by small businesses that finally see reason to hope and hire.

The 120,000 jobs created in November is not an abstract figure for me personally or for a local small business in Brooklyn. I am actually one of the 120,000 new hires, thanks to the owners of Bogota Latin Bistro in Park Slope who officially hired me as their communication manager. In the past two months I have witnessed first-hand the power of small businesses and the incredible impact these organizations have on our nation’s  economy.

So remember to continue to support your local small businesses. It truly makes a difference.



Communication Professional and Writer/Blogger

3 thoughts on “Unemployment Rate Falls to Lowest in More Than Two Years, Thanks to Small Businesses

  1. Hi Phillip Velez,
    Cool Post, The current unemployment rate has reached astronomical limits in the past few months due to the continued economic recession.  But despite all of this, there may still be some hope out there for those who are motivated and resourceful in their efforts.  The recession is definitely not something to rejoice over but for some who are facing unemployment and now having to look for other ways to earn an income, the choices they find are absolutely providing a way to escape their financial crisis!
    Nice One!

  2. I think what bothers me most is the intqiuey of it all. Celia Cruz was a true legend in the music business and a wonderful woman by all accounts, never into the drug scene and a true talent with a career that went strong for four decades. Whitney Houston, in her early days was a normal human being.. but had degenerated into a loud, angry, pissed-off black woman with no manners and a jones for pills, cocaine and weed. Yet Whitney gets the star treatment for a career that doesn’t hold a candle to Celia Cruz? Whitney had maybe ten good’ years.. the rest she was riding on fumes. Pfftt.. the media is trying to sell this as if Whitney was some sort of angel. Not even. It’s sad that a human being’s life went down in flames due to drug abuse. But let’s not pretend she was someone to look up to or emulate.

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