October 9, 2006
ONE ASSUMES KATIE COURIC LED WITH THE GOOD NEWS?:
US labour market tighter than estimated (Krishna Guha in Washington and Daniel Pimlott, Michael Mackenzie and Richard Beales in New York, 10/06/06, Financial Times)
The US economy added many more jobs than previously estimated in the later stages of the current cycle, dramatic new data revealed on Friday, raising theprospect that the labour market today may also be tighter than previously thought.Posted by Orrin Judd at October 9, 2006 8:34 PM
According to the new figures, the economy added 810,000 more jobs than earlier estimated between April 2005 and March 2006, an average of 67,500 more jobs every month over that period.The upward revision - the biggest in a quarter of a century - casts the expansion in a new light, leaving it less "jobless" than before...
oj,
Read an article in Monday's Sacramento Bee
business section, can't find link anywhere, about the increasing use of hi-tech equipment in the restaurant industry as they can no longer ecomically compete for the no-skill entry level employee.
Mike
This is ridiculous. Unemployment is negative.
Ask any illegal alien. There are more jobs than there are Americans to fill them.
Full employment, cheap gas, low interest rates, low inflation: it's all Bush's fault. Obviously, we need higher taxes and more regulation.
Posted by: Lou Gots at October 10, 2006 5:07 AMLou, apparently that's what the polls are telling us. We, the people, trust the Dems to pull us out of this terrible pickle we're in.
Posted by: erp at October 10, 2006 3:38 PM