What bad economy?New…
What bad economy?
New U.S. jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-battered areas in the Southeast were rebuilt.
A surprisingly strong 337,000 jobs were added to payrolls last month — twice the 169,000-job growth that Wall Street economists had forecast and the strongest since March when 353,000 jobs were created, the Labor Department said.
Still, the unemployment rate edged up to 5.5 percent from 5.4 percent in September, but that was because more people joined the search for employment, a potentially hopeful sign.
Not only was October a strong month but the number of jobs created in the two prior months was revised up — to 139,000 in September instead of 96,000 and to 198,000 in August instead of 128,000.
Some folks say that to vote Republican is to vote against your own economic self-interest. For these kinds of people, letting me keep my own money so as to stimulate the economy is somehow not in my best interest? It’s better if the government takes more and more of it from me? Hardly.
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