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Politics : PRESIDENT GEORGE W. BUSH

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To: Knighty Tin who wrote (559248)4/2/2004 3:37:15 PM
From: JDN  Read Replies (3) of 769667
 
Sorry, your spin wont fly. Here is a brief excerp of the new jobs recently. jdn

This is beginning to look more like a traditional post-recession employment recovery. The March jump marks the seventh consecutive payroll jobs gain, for a total of 759,000 new hires, with 61 percent of U.S. industries reporting payroll increases — the highest percentage since July 2000.

Even the gap between the lagging business payroll survey and the stronger household survey of all people working is beginning to narrow. The household survey appears to be more sensitive to self-employed workers who have started their own Subchapter S or LLC (limited-liability corporation) businesses. Responding to lower income-tax rates, these entrepreneurs have registered 1.8 million new jobs since the end of 2002.

The day before Friday’s big jobs announcement, a widely-followed manufacturing index published by the Institute for Supply Managers registered its highest level since the end of 1983. Every industry group, including cars, electronics, and business equipment, cited increases in new orders and production.
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