Saturday, November 3, 2012

On: October's Economy

According to a report issued by the Bureau of Labor Statistics, the economy continues to improve, albeit slowly. In September, the unemployment number finally fell below 8 percent, to 7.8 percent. In October, the number ticked up to 7.9 percent.

In the month of October, 171,000 jobs were created. However, because more people -- perhaps buoyed by the previous announcement's good tidings -- reported looking for work, the unemployment number increased.

Read more from The New York Times.

No comments:

Post a Comment