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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (711055)11/4/2005 9:35:11 AM
From: Hope Praytochange  Respond to of 769670
 
another news kicking the front teeth of lefty kennyboy Payrolls Expand in Oct.; Jobless Rate Dips
By THE ASSOCIATED PRESS
Filed at 9:20 a.m. ET

WASHINGTON (AP) -- America's payrolls grew by a rather tepid 56,000 in October, a sign that the nation's job market is slowly regaining its footing after the beating administered to the Gulf Coast area by Hurricane Katrina. The unemployment rate dipped to 5 percent of the labor force.

The latest snapshot released by the Labor Department on Friday offered fresh insights into the impact of Katrina, the most costly natural disaster in U.S. history.

Importantly, job losses in September turned out to be just 8,000, according to revised figures. That was smaller than the 35,000 decline in jobs that was reported a month ago, suggesting the damage to the job market from Katrina wasn't as terrible as many had feared. Still, the storm was certainly felt: The drop in payrolls in September was the first nationwide employment decline in two years.

The unemployment rate, meanwhile, edged down to 5 percent in October as some people opted to leave the civilian labor force for any number of reasons. The jobless rate in September had crept up to 5.1 percent.

''The United States' economy is strong. It's healthy,'' President Bush proclaimed Friday while attending the Summit of the Americas in Argentina.

Mark Zandi, chief economist at Economy.com, said ''the economy has weathered these storms about as gracefully as could be expected.''

The payroll gain of 56,000 in October disappointed economists. Before the release of the report, they were predicting that around 100,000 were created during the month.

''Hiring was cautious in October,'' observed Carl Tannenbaum, chief economist at LaSalle Bank. ''Aside from companies not being able to operate because of the hurricanes, many businesses might have been in a state of suspense as they assessed damage to their operations and to the economy that might have resulted from these storms.''

Another disappointment: job gains in August turned out to be 148,000, according to revised figures. That was down from the more robust increase of 211,000 previously reported.

An inflation barometer tied to the report picked up strongly.

Workers' average hourly earnings rose to $16.27 in October, representing a 0.5 percent increase from September. Economists were calling for a 0.2 percent rise. Wage gains are good for workers but a rapid pickup can lead economists to fret about inflation.

More worried about the prospects of inflation heating up, rather than a serious slowdown in the economy, Fed policy-makers on Tuesday bumped up a key interest rate to its highest level in more than four years to keep a lid on prices. More rate increases are expected.

Federal Reserve Chairman Alan Greenspan, appearing before Congress on Thursday, said fallout from a trio of late-summer and fall hurricanes should be temporary and that the expansion remains firmly planted.

Katrina, Rita and Wilma are likely to ''exert a drag'' on employment and production in the short term and may aggravate inflation pressures, he said. ''But the economic fundamentals remain firm, and the U.S. economy appears to retain important forward momentum,'' Greenspan said in his most extensive remarks thus far on the impact of the storms.

The Fed chairman is retiring in late January after 18 years at the helm of the monetary policy-making body.

For October, ''job growth in the remainder of the country (outside the hurricane zone) appeared to be below trend,'' said Kathleen Utgoff, commissioner of the Bureau of Labor Statistics. ''It is possible, of course, that employment growth for the nation could have been held down by indirect effects of hurricanes Katrina and Rita, for example, because of their impact on gas prices,'' she said.

Retailing and leisure and hospitality were among the areas of business that cut jobs in October. Those losses, however, were blunted by gain in construction, manufacturing, professional and business services, and in education and health services.

The latest jobs picture comes as Bush is confronted with sagging job ratings.

President Bush's job approval is at the lowest level of his presidency.

A new AP-Ipsos poll showed Bush's approval rating dipped to 37 percent, compared with 39 percent just a month ago.

Katrina slammed into the Gulf Coat on Aug. 29. Rita barreled into the region on Sept. 24. Those storms battered crucial oil and gas facilities, choked off commerce and destroyed businesses. Wilma, which hit on Oct. 24, caused widespread power outages and property damage across Florida.

While Katrina had a visible impact on employment, Rita's bite was minimal, the Labor Department said. The figures released on Friday don't capture the impact of Wilma because the employment information was collected before the hurricane hit.



To: Kenneth E. Phillipps who wrote (711055)11/4/2005 10:17:27 AM
From: Hope Praytochange  Respond to of 769670
 
kennyboyantiwarlefty: Waves of Arson Attacks Hit Paris Suburbs

By JAMEY KEATEN
The Associated Press
Friday, November 4, 2005; 9:27 AM

LE BLANC MESNIL, France -- Small, mobile groups of youths hit Paris' riot-shaken suburbs with waves of arson attacks, torching hundreds of cars, as unrest entered its second week Friday and spread to other towns in France.

In the eastern city of Dijon, teens apparently angered by a police crackdown on drug trafficking in their neighborhood set fire to five cars, said Paul Ronciere, the region's top government official.



A firefighter walks past the ruins of a Renault car dealership in Aulnay-sous-Bois, east of Paris, Thursday, Nov. 3, 2005 after it was destroyed overnight by a raging fire, in the latest night of rioting in suburban Paris. A kindergarten, a gymnasium, government offices and hundreds of cars have been torched over the past week by youths in largely immigrant areas who began rampaging after two of their peers were electrocuted at a power substation while hiding from police they feared were chasing them. (AP Photo/Jacques Brinon) (Jacques Brinon - AP)

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Another 11 cars were burned at a housing project in Salon-de-Provence, near the southern city of Marseille, police said.

Overnight in the Paris region, 420 cars were set ablaze, up from previous nights, the Interior Ministry said. It said five police were slightly injured by thrown stones or bottles.

But unlike previous nights, there were few direct clashes with security forces, no live bullets fired at police, and far fewer large groups of rioters, said Jean-Francois Cordet, the top government official for the worst-hit Seine-Saint-Denis suburb northeast of Paris.

Instead, he said, the unrest was led by "very numerous small and highly mobile groups," with arson attacks that destroyed 187 vehicles and five buildings, including three sprawling warehouses.

"The peak is now behind us," said Gerard Gaudron, mayor of Aulnay-sous-Bois, one of the worst-hit towns. He told France-Info radio that parents were determined to keep teenagers home to prevent unrest. "People have had enough. People are afraid. It's time for this to stop."

The rioting started Oct. 27, after youths were angered over the deaths of two teenagers _ Bouna Traore, 15, and Zyed Benna, 17. They were electrocuted in a power substation where they hid, thinking police were chased them.

Traore's brother, Siyakah Traore, on Friday urged protesters to "calm down and stop ransacking everything."

"This is not how we are going to have our voices heard," he said on RTL radio.

Car torchings are a daily fact of life in France's tough suburbs, with thousands burned each month, police say. Police intelligence has recorded nearly 70,000 incidents of urban violence this year, including attacks on police and rescue services, arson, throwing projectiles, clashes between gangs, joy-riding and property destruction, Le Monde reported.

What sets this unrest apart is its duration, intensity and the way it rapidly ignited beyond the original flashpoint of Clichy-sous-Bois in northeast Paris to become a broader challenge for France. Many of the riotous youths are the French-born children of immigrant parents. The unrest has laid bare discontent simmering in suburbs and among immigrant families who feel trapped by poverty, unemployment, and poor education.

France's Muslim population, estimated at 5 million, is Western Europe's largest. Immigrants and their children often complain of police harassment and job discrimination.

Some 1,300 riot police fanned out overnight across Seine-Saint-Denis, as the unrest entered its second week and followed Prime Minister Dominique de Villepin's vow Thursday to restore order.

A commuter train line linking Paris to Charles de Gaulle airport northeast of the capital ran a scaled-back service Friday after two trains were targeted Wednesday night. The SNCF train authority said one in five trains was running and conductors of night trains were demanding onboard security.

Youths fired buckshot at riot police vehicles in Neuilly-sur-Marne, east of Paris, and a group of 30 to 40 harassed police near a synagogue in Stains to the north where a city bus was torched and a school classroom partially burned, Cordet said.

In Trappes, to the west, 27 buses were incinerated. But the unrest was scaled back from the sometimes-ferocious rioting of previous nights, when bullets were fired at police and firefighters without causing injuries.