Oh... yeah...
Revisions for the August and September mean that 450,000 new payroll jobs were announced today.
Revisions for the August and September mean that 450,000 new payroll jobs were announced today.
US job creation soars to best for seven months
By Christopher Swann in Washington
Published: November 5 2004 13:45 | Last updated: November 5 2004 13:45
US economy stableJob creation soared in October, rising by 337,000 - its fastest pace in seven months.
There was also an upward revision to the payroll figure for September from 96,000 to 139,000 and August payrolls were also 70,000 higher than previously thought at 198,000.
The upturn in employment appeared partly to reflected the rebuilding efforts following the hurricanes in the south of the US, since job creation was particularly strong in the construction sector.
The unemployment rate edged up to 5.5 per cent.
The Labor Department said that construction work following the hurricanes in the southeast in August and September helped spur the pace of jobs growth in October. However, it was difficult to quantify the new impact on employment last month and in the months of severe weather conditions when some people were temporarily out of work.
By Christopher Swann in Washington
Published: November 5 2004 13:45 | Last updated: November 5 2004 13:45
US economy stableJob creation soared in October, rising by 337,000 - its fastest pace in seven months.
There was also an upward revision to the payroll figure for September from 96,000 to 139,000 and August payrolls were also 70,000 higher than previously thought at 198,000.
The upturn in employment appeared partly to reflected the rebuilding efforts following the hurricanes in the south of the US, since job creation was particularly strong in the construction sector.
The unemployment rate edged up to 5.5 per cent.
The Labor Department said that construction work following the hurricanes in the southeast in August and September helped spur the pace of jobs growth in October. However, it was difficult to quantify the new impact on employment last month and in the months of severe weather conditions when some people were temporarily out of work.
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