[lbo-talk] employment: bright spot

[Doug Henwood]

One of the first credible signs of a pickup in U.S. manufacturing 
employment was released this morning - the employment component of 
the Chicago purchasing managers survey hit 53.1 for October. 
(Readings above 50 imply expansion; under 50, contraction.) If 
confirmed in the national purchasing managers index on Monday, then 
the 38-consecutive-month slide in factory employment may be over.

Doug