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Analysis: Prospects for U.S. Economy Truly Have Improved
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Despite skepticism from conspiracy theorists, data showing significant improvement in the U.S. labor market are real, according to The Economist. "Although the drop in the unemployment rate was surprisingly sharp, there is no obvious reason for it to reverse," the magazine notes. "The [Bureau of Labor Statistics] actually revised up its payroll employment figures for July and August to more robust levels, and in September found people working longer hours at higher pay."
Source: An October 13 article posted on the Web site of The Economist magazine, as included in the October 15 edition of the AGC SmartBrief e-newsletter.
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