Missing headlines (a continuing series)

By

"Unemployment down, payrolls up"

Despite devastating hurricanes from late August through mid October, according to the Labor Department:

America's payrolls grew by a rather tepid 56,000 in October, a sign that the nation's job market is slowly regaining its footing after the beating administered to the Gulf Coast area by Hurricane Katrina. The unemployment rate dipped to 5 percent of the labor force.

About those hurricanes and the job market:

Importantly, job losses in September turned out to be just 8,000, according to revised figures. That was smaller than the 35,000 decline in jobs that was reported a month ago, suggesting the damage to the job market from Katrina wasn't as terrible as many had feared. Still, the storm was certainly felt: The drop in payrolls in September was the first nationwide employment decline in two years.

Just thought you'd like to know.
 
Ethel C. Fenig   11 04 05

"Unemployment down, payrolls up"

Despite devastating hurricanes from late August through mid October, according to the Labor Department:

America's payrolls grew by a rather tepid 56,000 in October, a sign that the nation's job market is slowly regaining its footing after the beating administered to the Gulf Coast area by Hurricane Katrina. The unemployment rate dipped to 5 percent of the labor force.

About those hurricanes and the job market:

Importantly, job losses in September turned out to be just 8,000, according to revised figures. That was smaller than the 35,000 decline in jobs that was reported a month ago, suggesting the damage to the job market from Katrina wasn't as terrible as many had feared. Still, the storm was certainly felt: The drop in payrolls in September was the first nationwide employment decline in two years.

Just thought you'd like to know.
 
Ethel C. Fenig   11 04 05