This just in...

[DKW 86 7,440]

126,000 more new jobs were created in October, than were lost. This shows the economy is growing faster than anticipated and that growth is finally showing up in job growth.

As reported by CNN tonight.

[Tigermike 3,053]

The Democratic response!

http://www.cnsnews.com/cartoon/NOWAKArchiv...003102929AM.asp

[DKW 86 7,440]

:bigsmile:

[Tiger Al 0]

126,000 more new jobs were created in October, than were lost. This shows the economy is growing faster than anticipated and that growth is finally showing up in job growth.

As reported by CNN tonight.

Layoff announcements from U.S. companies more than doubled in October to 171,874, the highest in a year, according to the monthly tally released Tuesday by outplacement firm Challenger Gray & Christmas. October is typically the largest months for layoff notices, as companies slash costs at the end of the fiscal year. The Challenger survey is not adjusted for seasonal factors. Layoff announcements had fallen for three months in a row before October's 125 percent increase. Layoffs hit bottom in June with 59,715.

"While perhaps shocking to some, the October spike follows a trend of heavy year-end downsizing that has occurred since we began tracking job cuts in 1993," said John Challenger, the CEO of the company that bears his name.

"With factors like technology, outsourcing and consolidation working against job creation, any job market rebound we see in the near future will be relatively small," Challenger said.

LINK

This was probably just an unintentional oversight.

[Donutboy 0]

Gee, if we continue at that torrid pace, our economy will have lost only 2.1 million jobs instead of 3.6 million under this Bush administration!! Of course, we're forgetting that most of these hirings are seasonal. You know, temporary jobs for the Christmas rush. But hey, don't let me rain on your parade. When these people are laid off after Christmas season, that'll be rain enough.