Entries for February 02, 2007
Perky Economy Starts to Relieve Worker Angst
February 02, 2007 01:25 PM ET |
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Maybe the U.S. economy added 111,000 jobs last month, but maybe it didn't. Given that the Labor Department later revised higher its monthly jobs numbers 75 percent of the time last year, there's a good chance the final number for January will be somewhere north of 111,000. (More than one economist has called these preliminary payroll numbers "useless.")
...continue reading.Tags: consumer confidence | economy | employment
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About the Capital Commerce Blog
Send an E-mail to capcom@usnews.com.
James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.
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