Here is the October 2012 employment situation report from the BLS: http://www.bls.gov/news.release/pdf/empsit.pdf
My analysis is at the bottom.
Key Highlights:
- The unemployment rate rose to 7.9%. Non-farm employers added 171,000 new jobs.
- The number of unemployed persons remained flat at 12.3 million.
- The civilian labor force participation rate also increased to 63.8% from 63.6% in September.
- The "not in labor force" count (those who have no job and have stopped looking for work) fell 369,000 from 88,710,000 to 88,341,000.
- The number of persons employed for part-time economic reasons (those that are considered part-time involuntary workers) fell by 269,000 from 8.6 million in September to 8.3 million in October.
- Average hourly earnings dropped by one cent. The 12-month average for hourly earnings have risen at a 1.6% yearly rate.
Friday, November 2, 2012
November 2, 2012 - Morning Headlines
- A Secret Service agent who was under investigation for having a long-term relationship with a foreign national took his own life yesterday (CNN): http://www.cnn.com/2012/11/01/us/secret-service-agent-death/index.html?hpt=hp_t3
- Early estimates from the forecasting firm Eqecat claim the cost of Hurricane Sandy could reach $50 billion (CBS): http://www.cbsnews.com/8301-201_162-57543923/damage-from-sandy-could-cost-as-much-as-$50b-says-forecasting-firm/?tag=cbsnewsHardNewsFDArea;fdmodule
- A new account of the September 11th attack on the US consulate in Benghazi, Libya, claims the CIA reacted quicker than originally thought (ABC News): http://abcnews.go.com/blogs/politics/2012/11/new-detailed-account-of-benghazi-attack-notes-cias-quick-response/
- Early estimates from the forecasting firm Eqecat claim the cost of Hurricane Sandy could reach $50 billion (CBS): http://www.cbsnews.com/8301-201_162-57543923/damage-from-sandy-could-cost-as-much-as-$50b-says-forecasting-firm/?tag=cbsnewsHardNewsFDArea;fdmodule
- A new account of the September 11th attack on the US consulate in Benghazi, Libya, claims the CIA reacted quicker than originally thought (ABC News): http://abcnews.go.com/blogs/politics/2012/11/new-detailed-account-of-benghazi-attack-notes-cias-quick-response/
*** Be sure to vote in our final Obama v Romney poll on the left side of the blog ***
Thursday, November 1, 2012
November 1, 2012 - Morning Headlines
- The US death toll from Hurricane Sandy has now reached 56 (CNN): http://www.cnn.com/2012/11/01/us/tropical-weather-sandy/index.html?hpt=hp_t1
- A secret cable addressed to the office of the Secretary of State claims that the US mission in Benghazi convened a month before the now infamous attack on September 11th to discuss how the consulate could not withstand a coordinated terrorist attack (Fox News): http://www.foxnews.com/politics/2012/10/31/exclusive-us-memo-warned-libya-consulate-couldnt-withstand-coordinated-attack/
- With only 6 days until the election, the candidates are getting set to hit the campaign trail hard (CBS News): http://www.cbsnews.com/8301-250_162-57543368/after-sandy-candidates-to-go-back-on-the-attack/?tag=AverageHero;leadHed
- A secret cable addressed to the office of the Secretary of State claims that the US mission in Benghazi convened a month before the now infamous attack on September 11th to discuss how the consulate could not withstand a coordinated terrorist attack (Fox News): http://www.foxnews.com/politics/2012/10/31/exclusive-us-memo-warned-libya-consulate-couldnt-withstand-coordinated-attack/
- With only 6 days until the election, the candidates are getting set to hit the campaign trail hard (CBS News): http://www.cbsnews.com/8301-250_162-57543368/after-sandy-candidates-to-go-back-on-the-attack/?tag=AverageHero;leadHed
*** Be sure to vote in our final Obama v Romney poll on the left side of the blog ***
Subscribe to:
Posts (Atom)