October's job numbers are out and it's good news: the final jobs report before Tuesday's election beat expectations, with 171,000 new private sector jobs created; the unemployment rate remains below 8% -- at 7.9%, up one tenth of a point from the big drop last month. This is actually good news: it means more people are joining the work force or are back in the job search. The government only counts people as unemployed if they are
actively searching.
- Unemployment benefit claims are down
- Auto sales are rising
- Home builders are increasing construction
- Manufacturing is expanding
- Gains in retail sales continue
- Consumer confidence is at the highest level since a year before President Obama took office
October's job numbers are out and it's good news: the final jobs report before Tuesday's election beat expectations, with 171,000 new private sector jobs created; the unemployment rate remains below 8% -- at 7.9%, up one tenth of a point from the big drop last month. This is actually good news: it means more people are joining the work force or are back in the job search. The government only counts people as unemployed if they are
actively searching.
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