The real jobs figure for October

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Our reader and faithful correspondent Allen Heidt, of Houston, Texas writes us:

A few days ago, Bloomberg released the new October jobs report the day before the election. Bloomberg reported the addition of 175,000 new jobs.

They were the initial tentative numbers, and now, it appears that number was WAY WAY off. The actual number of newly added jobs for October is 337,000 jobs! A THIRD OF A MILLION!!! And unemployment still at a VERY LOW 5.4%!!! Gee. Looks like President Bush WON'T be the first President since President Hoover to have a net loss of jobs in his term. That means that If there are just 134,000 or more new jobs added in November and December, Bush will have added more jobs to the economy than President Hoover.

 

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