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current issue November 2015
 •  The Laundress Opens Flagship Store  •  New Anti-Aging Active at Silab  •  Innospec Attains Cosmetic GMP Certification  •  Herbalife Clears Another Legal Hurdle  •  Mary Kay Picks Location for New R&D Center

U.S. Unemployment Rate Drops to 10%

News that the U.S. unemployment rate fell to 10% from 10.2% last month, may give some pundits pause, but no one should be rejoicing just yet. During every holiday--recession or no--employers provide a quick lift to their ranks to prepare for the holiday selling season.

In fact, the decline in unemployment last month was due to employers cutting the smallest number of jobs since the start of the recession. That's certainly nothing to write home about, but it is another sign that the economy is on the mend.