CNN: August jobs report: Signs of life for employment

[impik]

...But the report showed some improvements in the jobs picture, a welcome piece of good news among a slew of disappointing economic readings in recent months.
"August's payroll report is reassuring," said Paul Ashworth, senior U.S. economist for Capital Economics. "While economic growth may have slowed, it is not collapsing."

The overall losses were not as bad as expected, as economists surveyed by Briefing.com had predicted a loss of 120,000 jobs in the month.

And upward revisions for June and July showed there were 123,000 additional job gains in those months than previously reported.

U.S. stock futures turned sharply higher following the 8:30 a.m. ET report.


http://money.cnn.com/2010/09/03/news/economy/august_jobs_report/index.htm?cnn=yes&hpt=T2

[WI_DEM]

1. the economic news this week has been better than it has been for a while

with consumer confidence, manufacturing, first time claims for unemployment, retail sales and now a better than expected jobs report (despite overall unemployment going up). It's probably too late to help us in 2010 but if things continue to improve Obama and Dems will have a much stronger economy to run on in 2012.

[Clio the Leo]

2. kick nt

[MadHound]

3. U3, U4 and U6 numbers go up and this is good news.

That's some mighty fine hallucinogens you're using there.