Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Oeconomicus who wrote (5619)	3/8/2004 2:12:14 AM
From: Lizzie Tudor	Read Replies (1) of 81568

Will jobs surge too late for Bush? The "any month now" philosophy of job growth is surely cold comfort to America's 8 million unemployed -- a fifth of whom have been out of work for more than six months. It's also a big political problem for President Bush, for whom a few more months of anemic hiring could spell a change for his own job status as unemployment looms as a major issue in the November election. The government said Friday just 21,000 jobs had been created in February, far below expectations for a 125,000 increase and the latest in a string of disappointing job reports. John Challenger, head of outplacement firm Challenger, Gray & Christmas, said unprecedented and unrelenting productivity gains may allow employers to do without significant hiring for years to come. "The fact is, we are going to have to get used to slow job creation in this country," Challenger said. "While the politicians war over the number of jobs they expect to be created in the economy by the end of the year, the reality is that we will probably not see a true job market boom until the next economic cycle around 2008." money.cnn.com 2008! LOL.

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