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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: AC Flyer	11/5/2004 11:05:07 AM
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U.S. Job Gains Strongest in Seven Months Fri Nov 5, 2004 09:13 AM ET By Glenn Somerville WASHINGTON (Reuters) - New U.S. jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-battered areas in the Southeast were rebuilt.......A surprisingly strong 337,000 jobs were added to payrolls last month -- twice the 169,000-job growth that Wall Street economists had forecast and the strongest since March when 353,000 jobs were created, the Labor Department said.......Not only was October a strong month but the number of jobs created in the two prior months was revised up -- to 139,000 in September instead of 96,000 and to 198,000 in August instead of 128,000. reuters.com

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