THERE'S GOTTA BE A DOUBLE NEGATIVE IN THERE SOMEWHERE

Hat tip the Corner's acute readers:

"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."

I forget, is it "no news is good news", or "no good news is news"?