Increase in employment signaling better days?

[up2date]

Several of the existing threads have drifted from their original topics which is great because we have covered a lot of ground. But to keep things in order, I thought I'd start this one:

We were all pleased to see that 57,000 new jobs were created in September. But unfortunately unemployment remained steady at 6.1%. According to U.S. News & World Report, which used consultants from enocomy.com in their story, the economy has to generate 125,000 jobs per month or the unemployment rate will start to increase again.

A major Bush aide just announced that job creation will be a major focus for the administration over the next 14 months (read November 2004). Unemployment will likely be a central issue next summer. If the economy can build on September's numbers and get past the 125,000/month needed, he will be in good shape domestically.

[gopman]

Sure. We can see increased growth in the economy now, and as i have stated countless times before, unemployment is a lagging indicator and will rise accordingly.

[up2date]

Unemployment is a lagging indicator, but the lack of growth in this area can also stall or even reverse a recovery. I hope the 57,000 jobs is the start of growth in this area. But as yet, as long as the labor force is growing at a higher rate than new employment, it is not an indicator of a recovery. It could very well be, but it's too early to tell.

[gopman]

I guess we'll just have to see

[JD3]

But the lagging has lagged longer than usual. I want to see Americans working and doing well. So I hope the cycle has turned.