US Job Growth

Nobody gives the facts and statistics like Jayson at Polipundit!

Perspective

8.4 = unemployment rate in Oct. 1975.
7.1 = Oct. 1985.
5.5 = Oct. 1995.
5.0 = Oct. 2005.

Perspective – Part Deux

9.8 = unemployment rate in France.
11.6 = in Germany.
5.0 = in the U.S.A.

Wage Growth – Oct. 2005

Regarding lower-tiered workers (i.e., non-managers in the services sectors and production-line workers in the factory sector), average hourly earnings rose in October for the twenty-second consecutive month.

Since January 2001, such earnings have risen 14.01 percent. The total consumer inflation rate, however, only has posted an increase of around 13.54 percent over that same period.

Perspective – Part Three

October 1997

4.1 = unemployment rate for whites.
9.5 = for blacks.
8.0 = for latinos.

On the other hand:

October 2005

4.4 = unemployment rate for whites.
9.1 = for blacks.
5.8 = for latinos.

There is more information at Polipundit.

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