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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (147842)11/2/2012 9:30:51 AM
From: tonto2 Recommendations  Read Replies (2) of 224718
 

Unemployment in U.S. Probably Rose as Companies Curbed Hiring
By Alex Kowalski - Nov 1, 2012 11:00 PM CT



Unemployment probably rose from a three-year low in October as U.S. employers curbed hiring on concern growth will suffer if lawmakers fail to avert tax increases and spending cuts slated to take effect next year, economists said before a report today.

In the last employment report before next week’s election, the jobless rate climbed to 7.9 percent, the first increase in three months, from 7.8 percent in September, according to the median forecast of 91 economists surveyed by Bloomberg. Payrolls grew by 125,000 workers last month following a 114,000 gain, the survey showed.
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