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Dec new private sector jobs: 113,000. Unemployment rate 9.4% - GOP gnashing their teeth. [View All]

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-11 03:05 PM
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Dec new private sector jobs: 113,000. Unemployment rate 9.4% - GOP gnashing their teeth.
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... to be sure we have a long way to go to get out of this current REPUBLICAN DYSTOPIA..but given the downsizing of the initial stimulus by one third (thank you GOP) it's nice to see some beginnings of job creation, in spite of all the efforts of the Corporate Lobbyist Party (CLP)to kill any recovery before it could get started. I'm sure there is much wailing and rending of garments over at the CLP's war room.

http://news.yahoo.com/s/ap/us_economy

Private employers added a net total of 113,000 jobs last month and the government shed 10,000 jobs, the Labor Department said Friday.

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The economy has shown signs of steady improvement in recent weeks, leading many economists to expect more job creation. The Labor Department said Thursday that fewer people applied for unemployment benefits over the month than in any four-week period in more than two years. An increase in consumer spending made this past holiday season the best in four years.

There were positive signs in the December jobs report. Government revisions showed more people were hired in previous months than the government first estimated. The economy added 210,000 jobs in October, above the previous figure of 172,000. November's total was revised to 71,000, up from 39,000.

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