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"an economist at TD Securities in New York"?????????????? Yeh, sure...
In the real world, these are the headlines:
OCTOBER UNEMPLOYMENT UP: 7.9%...
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I'd like to remind all my neighbors to vote next Tuesday. You can even vote earily. If you're a Republican, vote often.
WASHINGTON (Reuters) - Employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid. Employers added 171,000 people to their payrolls last month, the Labor Department said on Friday. The government also said 84,000 more jobs were created in August and September than previously estimated. The jobless rate edged up a tenth of a point to 7.9 percent, but that was due to workers surging back into the labor force. Only people who are looking for a job count as unemployed. "This report is consistent with the emerging picture of an economic recovery that is continuing to regain traction after grinding to a halt earlier this year," said Millan Mulraine, an economist at TD Securities in New York. http://home.machlink.com/news/index.php?source=&display=story&article=BRE8A1066 171,000 job created. 170,000 jobs lost. Huge recovery. |
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"Only people who are looking for a job count as unemployed." What a statement!
Does davie know how many have given up in disgust? They are unemployed too, but I guess you liberals don't think so. Military troops that are unemployed aren't even counted by this admin either.
Kinda hard to say one is regaining traction when the unemployment rate goes up, huh? |
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