Thread: Ka-BOOM!
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Old 10-06-2006, 10:31 PM   #94
dude1394
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Full employment baby...
http://www.washingtonpost.com/wp-dyn...0600335_2.html
Quote:
The unemployment rate fell to 4.6 percent in September from 4.7 percent in August, which was down from 4.8 percent in July. The jobless rate has varied from 4.6 to 4.8 percent all year. Considering that a few workers have such poor skills as to be nearly unemployable, many economists consider a rate below 5 percent to constitute full employment, meaning just about every worker with the skills and desire to work can find a job.
whooping good..

Quote:
Labor analysts also released a preliminary finding that the economy may have added 810,000 more jobs than previously tallied in the 12 months that ended in March. If that estimate holds, it would mark a much bigger revision than usually occurs during a lengthy process of gathering information from unemployment insurance filings. And it would help explain why tax revenue surged so unexpectedly this spring and why consumer spending has held steady even as the cooling housing market has slowed the nation's economic growth.
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Last edited by dude1394; 10-06-2006 at 10:34 PM.
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