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

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To: Kenneth E. Phillipps who wrote (11894)4/3/2004 9:13:55 AM
From: tontoRead Replies (1) of 81568
 
It was only one month, but what a month it was. After a string of disappointing employment reports, the Labor Department reported Friday that the economy added 308,000 jobs in March, the best performance in four years and far exceeding the 100,000 that analysts had been projecting. The news got even better as the department revised data from earlier this year, showing that the economy added 87,000 more than previously reported.


Stock prices rose sharply and bonds fell on the report, which appeared to confirm at last that the long jobless phase of the recovery is over and bolstered President Bush’s ability to defend his economic program on the campaign trail.
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