Highest Dow Jones close since 2007

Posted at 6:58 PM, Feb 01, 2013
and last updated 2013-02-01 18:58:15-05

RICHMOND, Va (WTVR) - On Friday the Dow Jones Industrial Average closed above 14,000 for the ninth time in the measure's history.

It was the 15th time the average went over 14,000 and the first time since 2007, before the housing bubble burst.

Does this big number equate to economic recovery for our country? The unemployment rate in 2007 was 4.7%, today it is 7.9 percent.

Sandy Wiggins from Actuarial Consulting Group joined Julie Bragg in the CBS 6 studio to discuss the historic day for the stock market.

Click on the video above for the interview and interesting details!