October 31, 2004
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 PM
The 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.