Wednesday, December 05, 2007

Grim News: Job Numbers Up

Grim numbers are in for the MSM. Job numbers are up.

Private-sector jobs up 189,000 in November, ADP says
Hiring in the U.S. private sector expanded at a faster pace in November, according to the ADP employment report released Wednesday. Private payrolls grew by 189,000 in November following a revised 119,000 gain in October, ADP said. The report suggest the labor market remains a source of strength in the economy. The increase is well above economists expectations for job growth of only 60,000 in November. The Labor Department will release the unemployment report on Friday.
So, interest rates are low, inflation is still relatively low, employment is strong, and GDP grew close to 5% in the 3rd quarter.

Can the MSM's claims of the "worst economy in 50 years" be far away?

Capitalism may not be perfect, but it sure beats socialism and communism.

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