COMMENT
Breadcrumb trail navigation:
By Steven Rattner
Published: November 7 2010 18:37 | Last updated: November 7 2010 18:37
For most Americans, the main lesson of last month's jobs report was an unchanged unemployment rate of 9.6 per cent, another ugly statistic in a steady procession of bad economic news. But of equal importance was the better news that 159,000 new private sector jobs were added, making October the second strongest month of the year.
The US economy might be struggling but it is not quite the basket case that dominates the public consciousness. And neither are its prospects "“ at least in the medium term "“ quite as gloomy as the daily drumbeat of apocalyptic forecasts would suggest.
You have viewed your allowance of free articles. If you wish to view more, click the button below.
Read Full Article »
