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My personal musings about anything that gets on my radar screen--heavily dominated by politics.
2006-03-10
Jobs, Jobs, Everywhere Jobs Hiring gained ground in February with employers adding 243,000 jobs, the most in three months. Brighter job prospects sent people streaming into the labor market I wonder why this news wasn't on the front page of the Comcast News, or in the Headlines of the MSNBC web page. No I don't. Other details: The unemployment rate inched up to 4.8 percent from a 4 1/2 year low of 4.7 percent in January. The bump-up in the jobless rate came as people — feeling better about job prospects — applied for work in droves. The report also showed that employees’ average hourly earnings rose to $16.47 in February, a 0.3 percent increase from January. That was in line with economists’ expectations. However, compared with February of last year, average hourly earnings increased by 3.5 percent — the most since September 2001. That sounds all good for America. Again, wonder why this isn't font page stuff. | |