Friday, October 06, 2006

Unemployment down!


MSM depressed!
Job data offers mixed reading of economy: "The unemployment rate last month dipped to 4.6 percent even though the number of new jobs was disappointing, a sign the economy is slowing but in no danger of stalling as Election Day nears.
Employers added 51,000 jobs to the nation's payrolls, the fewest new hires in 11 months a tally well short of the 120,000 positions private analysts predicted.
Job gains for both July and August turned out to be stronger than first estimated, however, and that blunted some of the sting. As it turned out, there were some 62,000 more jobs created in the summer than previously reported."

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