Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Payrolls in U.S. Rose 146,000 in November; Jobless Rate at 7.7% 

By: Cactus Flower in ALEA | Recommend this post (1)
Fri, 07 Dec 12 6:39 PM | 59 view(s)
Boardmark this board | The Trust Matrix 		Msg. 12138 of 54959
(This msg. is a reply to 12137 by clo)
Jump:
Jump to board:
Jump to msg. #

and there you have the long run solution to the debt problem.

more jobs, competition for labour, higher wages (eventually).

the faster we get back to full employment, the sooner wages grow, the sooner government revenue will increase.

» You can also:
- - - - -
The above is a reply to the following message:
Payrolls in U.S. Rose 146,000 in November; Jobless Rate at 7.7%
By: clo in ALEA
Fri, 07 Dec 12 5:54 PM 		Msg. 12137 of 54959

Payrolls in U.S. Rose 146,000 in November; Jobless Rate at 7.7%
By Shobhana Chandra - Dec 7, 2012 8:30 AM ET

Payrolls rose more than anticipated in November and the jobless rate fell to an almost four-year low, indicating superstorm Sandy had little effect on the U.S. labor market.

Employment climbed by 146,000 following a revised 138,000 gain in October that was less than initially estimated, Labor Department figures showed today in Washington. The median estimate of 91 economists surveyed by Bloomberg called for a gain of 85,000. Sandy “did not substantively impact” the data, the agency said. The unemployment rate fell to 7.7 percent, the lowest since December 2008, as size of the labor force shrank.

more:
http://www.bloomberg.com/news/2012-12-07/payrolls-in-u-s-rose-146-000-in-november-jobless-rate-at-7-7-.html

« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next