Category: Purchasing
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Releasing Some Pressure
The Employment Situation report for October could be termed “outstanding”; 250,000 new jobs compared to a downwardly revised 118,000 in September. This was more than the most optimistic prediction by Econoday analysts who had expected a report somewhere in the 150,000 to 231,000 range. Their consensus was 190,000 new jobs. The unemployment rate, which had…