U.S. Unemployment Rate Rises to 7.3% in Shutdown-Skewed October; 204,000 Jobs Added

[BlueStreak]

6. Another article. Notice the revision upward from in previous month

http://www.bloomberg.com/news/2013-11-08/job-growth-beats-forecasts-as-u-s-weathers-shutdown-economy.html

We need a little over 100,000 jobs created each month to match the growth in population. So last month's revised figures are actually relatively strong, and this month's are very strong -- one of the best months in the recovery so far.

Yes, at this rate it will take another 4 years of similar growth to rebuild what the Bush economy destroyed. But we have never added millions of jobs all at once. If we can maintain job growth over 200,000 a month, the economy will build on itself.

This is completely consistent with this week's report that GDP growth is nearly 3%. That is a sustainable level, and at that rate, deficits will continue to come down without ANY further concessions to austerity. That is a message that needs to be repeated often and loudly.