PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: cirrus who wrote (600604)	8/6/2004 11:57:42 AM
From: Kenneth V. McNutt	Read Replies (3) of 769670

Household survey, the true employment survey, showed an increase in employment of over 600,000 jobs. The survey you quote is of an inquiry of large business hiring only, and does not take into account the hundreds of thousand of new jobs created by the small business sector. That survey is not used to calculate the un-employment rate. Since the unemployment rate dropped to 5.5% a large number of individuals had to have been hired. The 5.5% is lower than the average of the Clinton administration, even taking into account the anomaly of hiring for Y2k, which skewed Clinton's record of employment. Actually, employment is the highest in history, approx 140,000,000. KM

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