Go to http://www.theartoftheblog.com for my new site.

11/07/2003

Yep, Jobless Allright . . . .

Yep, Jobless Allright . . . .

USATODAY.com - Unemployment rate drops to 6% as number of jobs surges

WASHINGTON (Reuters) — The nation's unemployment rate dropped to 6% in October as companies added thousands of new jobs for the third straight month, the government said Friday in a surprisingly rosy report showing the labor market at last catching up with the broader recovery.
The Labor Department reported payrolls grew by 126,000 last month, significantly more than the 50,000 new jobs that economists had predicted. That followed a revised 125,000 new jobs in September, which initially was reported at 57,000.