01-12-2006, 09:35 AM
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#9 (permalink)
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Pissing in the cornflakes
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Oh and while I am at it...
Quote:
Job Creation across All Sectors, Says Huether, Show's Economy's Underpinnings Are Strong
WASHINGTON, D.C., December 2, 2005 - For the second consecutive month U.S. manufacturing created jobs in November, according to today's employment report from the Labor Department, and National Association of Manufacturers chief economist David Huether said, "That's the first time that's happened in more than a year."
With 215,000 new non-farm jobs created across all economic sectors last month, Huether observed, "The overall economy's strong underpinnings have helped it weather the Gulf storms that battered employment in September and October. That manufacturing followed up a gain of 15,000 jobs in October with 11,000 more in November suggests that solid growth in orders and production reported earlier this week will keep U.S. industry in its steady recovery mode into next year."
Huether said that as the overall unemployment rate held steady at 5 percent, U.S. manufacturing boosted employment to 14,270,000 workers. "Of course," he added, "we've barely made a dent in recovering the 3 million jobs we lost in the last recession."
Moving back to the present and future, Huether said, "Unlike manufacturing's job gains in October, which largely reflected a return to work by striking aerospace workers. November's gains were spread throughout most durable goods sectors. And considering last month's 3.4 percent rise in durable goods orders, it looks like business investment is accelerating, and that bodes well for additional manufacturing job creation in coming months."
Finally, noting that he hates "to rain on anyone's parade," Huether offered a word of caution about the "continuing threat high energy prices pose to U.S. manufacturing and our economy as a whole. Increasingly tight supplies of natural gas, in particular, will be an ongoing problem for the U.S. economy until Congress acts to allow more domestic energy exploration and production."
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http://www.nam.org/s_nam/doc1.asp?CID=67&DID=235797
I doubt that report made it to anyone at truthout.
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Agents of the enemies who hold office in our own government, who attempt to eliminate our "freedoms" and our "right to know" are posting among us, I fear.....on this very forum. - host
Obama - Know a Man by the friends he keeps.
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