Salient to Investors:
Lawrence Mishel at the Economic Policy Institute says:
- The jobs report shows nice momentum, though increase in payrolls is not fast enough to get a rapid decline in unemployment.
- The jobs data is not manipulated – the data is based on surveys of tens of thousands of employers and households every month.
- The ratio of employment to population rate rose to 58.7% in September after falling for several months – because more people are finding work and not because the labor force is contracting.
Read the full article at http://finance.yahoo.com/blogs/daily-ticker/positive-jobs-report-gets-political-reaction-ahead-election-155215454.html;_ylt=AjbQoCaH6YEds6vbJhUe97qiuYdG;_ylu=X3oDMTNyMHNqcmhpBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDODY4MWQxNTctM2I5ZC0zMTZiLWFmYjUtOTg3YjVkM2Qw