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Friday, Oct 05

Newsfeed Update: 10.05.12

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Unemployment Rate Falls To 7.8 Percent, A 44-Month Low (MediaJobsDaily)
The Bureau of Labor Statistics announced today that the unemployment rate has dropped below 8 percent for the first time in almost four years and that the economy added 114,000 jobs.

Condé Budget Cuts of 5 Percent on 2013 Agenda (New York Post)
Most titles at Condé Nast are being asked to come up with another 5 percent in budget cuts for the new fiscal year. The top brass hasn't dictated any layoffs, but clearly some pruning will have to take place. "There is probably going to be some of that," said an insider.

Jim Lehrer On Debate Moderating: My Job Was To 'Stay Out Of The Way' (HuffPost)
Jim Lehrer responded on Thursday to the furor surrounding his debate moderating performance. Though it was his 12th time in the role, Lehrer received some of his worst press. He appeared to brush off the criticism though, and said he was satisfied with both the format and his performance.

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