12 mil­lion peo­ple with­out work


Austin American-Statesman - - THE SECOND FRONT -

hir­ing and eco­nomic growth could ac­cel­er­ate next year.

A bud­get agree­ment would co­in­cide with gains in key sec­tors of the econ­omy.

Builders are break­ing ground on more homes, which should in­crease con­struc­tion hir­ing. U.S. au­tomak­ers just en­joyed their best sales month in nearly five years. And a res­o­lu­tion of the fis­cal cliff could lead busi­nesses to buy more in­dus­trial ma­chin­ery and other heavy equip­ment. That would gen­er­ate more man­u­fac­tur­ing jobs.

“The ground is be­ing pre­pared for faster growth,” said Nigel Gault, an econ­o­mist at IHS Global In­sight.

Su­per­storm Sandy, con­trary to ex­pec­ta­tions, damp­ened job growth only min­i­mally in

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