Sunday, October 08, 2006
Unemployment is Low
And this data makes the job market much better than is being reported...
It's reported here at Bloomberg.com
"The report also showed job growth during the 12 months ended in March may have been about 45 percent higher than previously reported. In a preliminary estimate, the Labor Department said payrolls for the 12 months ended in March 2006 will be revised higher by 810,000, the biggest revision since the Labor Department started benchmarking numbers in 1991."
"Currently, figures show 1.8 million jobs were added during that time. The final estimate will be issued in February."
And here in the... Washington Post: