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

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To: ChinuSFO who started this subject4/3/2004 9:09:47 AM
From: Kenneth E. PhillippsRead Replies (4) of 81568
 
In addition to the rising jobless rate, there were other somewhat troubling signs in Friday’s report.

The average workweek fell slightly to 33.7 hours, so that even though more people were working, fewer total hours were put in.

“This is puzzling since typically we see a large lengthening in the workweek preceding a rise in employment. We did not see that prior, and now the workweek pulled back on the month,” Merrill Lynch chief North American economist David Rosenberg said in a research note.

msnbc.msn.com
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