more jobs added

[charrison]

linkage

Nov. 2 (Bloomberg) -- The U.S. economy may have added jobs for a second month in October after growing in the third quarter at the fastest pace since Ronald Reagan was president, suggesting companies have gained confidence the expansion is well-rooted.

``The job market is getting better,'' Jeffrey Joerres, chief executive of Manpower Inc., said in a televised interview with Bloomberg News. ``At the end of the day, as the demand continues to move up,'' companies ``need people.'' Manpower is the world's second-largest temporary staffing company.

Some 65,000 jobs were probably created last month, almost matching the 57,000 added in September, according to the median forecast in a Bloomberg News survey ahead of Friday's report from the Labor Department. The economy needs about three times as many jobs monthly to help bring down the unemployment rate, which likely held at 6.1 percent.

Manufacturing last month expanded the most since February of 2000, the service industry accelerated and construction spending rose in September, other reports are forecast to show. Job growth has been the missing ingredient in the economy, which grew at a 7.2 percent annual rate last quarter, the most since 1984.

 

[Witling]

"May have added jobs."

"Some 65,000 jobs were probably created, almost matching the 57,000 added in September." Now that is a truly mysterious statement. I would have thought 65,000 > 57,000. You know there's some frigging in the rigging when 65,000 "almost matches" 57,000.

 

[Red Dawn]

That's good news

 

[charrison]

Originally posted by: Whitling
"May have added jobs."

"Some 65,000 jobs were probably created, almost matching the 57,000 added in September." Now that is a truly mysterious statement. I would have thought 65,000 > 57,000. You know there's some frigging in the rigging when 65,000 "almost exceeds" 57,000.

I will agree that is a strange statement, but it had to ignore all the positive economic indicators. BUt i guess you would just see those as lies and falsehoods as well.

 

[VioletAura]

They always need people to scrub floors, wait on people, wash toilets, pick up litter...

 

[Witling]

Charisson, No, actually I don't see them as lies. But, in my opinion, this news is like noise in a signal. TThe noise is a temporary upspike, the signal says that the U.S. is getting ready for a major economic problem. First, there's the way we've spent money like a drunken sailor -- and the Democrats have a lot of responsibility for that. Second, jobs are going to where labor is cheaper. Third, Attila the Republican has tried to conquer Iraq. It's my opinion -- and the opinion of a great many economic analysts, that were heading for a fall that will be record breaking.

 

[charrison]

Originally posted by: Whitling
Charisson, No, actually I don't see them as lies. But, in my opinion, this news is like noise in a signal. TThe noise is a temporary upspike, the signal says that the U.S. is getting ready for a major economic problem. First, there's the way we've spent money like a drunken sailor -- and the Democrats have a lot of responsibility for that. Second, jobs are going to where labor is cheaper. Third, Attila the Republican has tried to conquer Iraq. It's my opinion -- and the opinion of a great many economic analysts, that were heading for a fall that will be record breaking.

Which economists have you been listening too?

 

[Witling]

Your question is silly. If you aren't aware that a significant pportion of U.S. economists are seriously worried about the economy, the what ever source I sight will be dismissed as slanted. Charison, I hope they're wrong but I don't think they're wrong. The crash probably won't affect me directly but it will affect millions of Americans like my children.

 

[charrison]

Originally posted by: Whitling
Your question is silly. If you aren't aware that a significant pportion of U.S. economists are seriously worried about the economy, the what ever source I sight will be dismissed as slanted. Charison, I hope they're wrong but I don't think they're wrong. The crash probably won't affect me directly but it will affect millions of Americans like my children.

I just asked a question. There are also a significant number of economist that also beleive the recovery is here, many beleiving a global recovery is here.