Labor & Economic News Blog


Thursday, September 07, 2006

COMMENTARY: Economy isn’t burning out, despite Dems’ smoke

COMMENTARY: Economy isn’t burning out, despite Dems’ smoke
Kansas City Star:
The August jobs report should put to rest any fears that the economy is burning out. Following upwardly revised increases for June (134,000) and July (121,000), companies added 128,000 nonfarm payrolls last month. Meanwhile, the all-important but rarely mentioned household survey of people working gained by 250,000, sending the unemployment rate back to 4.7 percent.

 



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