Unemployment rate drops to lowest level since July 2008
The Labor Department released last month’s employment figures Friday morning, and the report shows that the U.S. labor market has continued to post steady gains while some stubborn weak points still exist. Here are some key points from the October jobs report.
What you need to know: October was the 56th straight month of private-sector job gains in the U.S., and monthly gains have averaged about 227,000 so far this year. The job market has been steadily improving, which is good news. However, on the downside, hourly wages have struggled to make gains and the number of long-term unemployed is still almost 50% higher than it was before the recession hit. Continue reading “Economy Adds 214,000 Jobs in October, Unemployment Rate Drops to 5.8%”

Time – by Laura Lorenzetti
Sent to us by the author.
RT
Hot Air – by Noah Rothman
Washington Post – by Terrence McCoy
Wired – by Andy Greenberg
Seattle PI – by Joel Connelly
Now that the Republirats will be in control of both the Senate and the House, do you think they will overturn Obama’s threatened amnesty executive order? Or for that matter, any of the other millions of infringements on our Bill of Rights?
RT
Sent to us by the author.