October 31, 2004
QUICKENING:
Employment Growth Accelerated in October: U.S. Economy Preview (Bloomberg, 10/31/04)
U.S. employers probably added 175,000 workers to payrolls in October, the most in five months, while the unemployment rate held at a three-year low of 5.4 percent, the median forecast in a Bloomberg News survey of economists shows.Posted by Orrin Judd at October 31, 2004 7:45 PMThe Labor Department's report will be released three days after the Nov. 2 presidential election, which polls show is a toss- up. President George W. Bush says his tax cuts have helped the economy, while Democratic challenger John Kerry says they haven't boosted jobs.
Comments
If the US goes insane and elects Kerry the MSM can praise the 'Kerry Boom' that must have started right after his nomination.
Posted by: Tom Wall at October 31, 2004 9:40 PM
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