Wednesday, October 06, 2004
It's that time of the month again
when the new-jobs figures are due to be released by the Department of Labor. Friday morning is the official release, just in time for the presidential debate that evening. With the huge numbers of layoffs that have been experienced during the past month, compared to the anemic number of new-hires reported by companies, it's expected that the job-increase numbers will once again be low, in the range of 150,000, just about the number needed to absorb the monthly increase in job-seekers who are entering the workforce for the first time, due to population growth in the US.