- Report shows gain in jobs but growth still sluggish, By Catherine Rampell, November 4, 2011, New York Times: “The United States economy created a modest number of jobs in October, the Labor Department reported Friday. Employers added 80,000 payroll positions on net, slightly less than what economists had expected. That compares to 158,000 jobs in September, a month when the figure was helped by the return of 45,000 Verizon workers who had been on strike. Friday’s report also showed that job growth in September and August was significantly stronger than the Labor Department initially believed it was, giving economists hope that October’s employment growth may have been better than this first estimate suggests, too…”
- Economy adds 80K jobs in Oct.; unemployment dips to 9%, By Neil Irwin, November 4, 2011, Washington Post: “The U.S. economy kept muddling along in October, according to new government data, as employers continued to hire at a sluggish pace and the unemployment rate fell slightly to its lowest rate since April. The jobless rate fell to 9 percent in October from 9.1 percent, the Labor Department said Friday morning, with more people reporting that they had a job in a survey of households. Employers created 80,000 net new jobs last month…”
Poverty-related issues in the news, from the Institute for Research on Poverty