Lowest Unemployment Rate in Over Five Years!

Voters want a change from this?

Unemployment rate lowest in nearly 5-1/2 years

WASHINGTON (Reuters) Fri Nov 3, 2006 9:23am ET- The U.S. unemployment rate dropped to its lowest in nearly 5-1/2 years during October as 92,000 more jobs were added and hiring in each of the two prior months was revised up, a government report on Friday showed.

The October new-jobs figure was below Wall Street economists' expectations for 125,000 but the Labor Department said a total 139,000 more jobs were created in August and September than it had previously thought. It revised up September's job-creation total to 148,000, or nearly three times the 51,000 it reported a month ago, and said there were 230,000 new jobs in August instead of 188,000.

The unemployment rate fell in October to 4.4 percent from 4.6 percent in September. It was the lowest unemployment rate since 4.3 percent in May 2001 and was likely to fan concerns that labor markets are growing tight and could contribute to inflation pressures.

Average hourly earnings rose 0.4 percent to $16.91 - higher than the 0.3 percent that analysts had anticipated - while the average work week edged up to 33.9 hours from 33.8. Over the year, average hourly earnings have risen by 3.9 percent, the department said.

Let's recap:

• Unemployment at record lows since before 9/11
• Stock Market at record highs since before 9/11
• No terrorist attacks on U.S. soil since 9/11
  
  Tax cuts clearly worked for the economy. Taking the fight to the terrorists has clearly protected the homeland. Democrats say that "Stay the Course" has failed and it's time for a "new direction."

Exactly where would the Democrat's "New Direction" take us? Tax hikes, new regulations on employers, gutting of terrorist protection and defense. Withdrawal and defeat in Iraq.

Sound like a good "direction" to go in?