Loan Modifications Take Back Seat Due To Unemployment

The big news in town is that the American economy is growing. As Obama reported on Monday ?Our economy is growing again for the first time in more than a year?. This is good news for a president that has been hard hit by the economy and whose dream public approval ratings have dropped with the economy. However Obama added: ? We cannot sit back and be satisfied given the extraordinarily high unemployment levels that we have seen?. The U.S unemployment levels are currently at a 26 year high of 10.2 percent. This percentage reflects a 10.2 percent of people that can and want to work that are currently unemployed. For other industrialized countries like France, Germany, Spain or Norway that level is not good but is far from terrible. For countries like France 10.2 is actually close to busines