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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: ColtonGang who wrote (158288)	7/6/2001 2:04:04 PM
From: ColtonGang	Respond to of 769670

WHAT is Bush doing to kickstart this economy????...How much time does he need???........Jobless Rate Rises to 4.5 Percent as Economy Remains Weak By MICHAEL BRICK The nation's unemployment rate moved slightly higher in June, to 4.5 percent, as manufacturers made more deep job cuts, reflecting the continued weakness in the economy, the Labor Department reported today. While the total number of people working and looking for work were little changed, there was a sharp increase in the number of people who said they worked only part-time because they could not find a full-time job. The 4.5 percent unemployment rate last month was the same as the rate in April. It had dropped to 4.4 percent in May, mostly because the number of people looking for work had decreased. Economists had expected the jobless rate to rise to 4.6 percent. Though the unemployment rate has flitted up and down slightly in the last few months, it is clearly on the rise over time. The government reported an average jobless rate of 4.2 percent in the first quarter and a rate as low as 3.9 percent in October. Employment outside the agricultural sector fell by 114,000 jobs last month, including a larger-than-expected decline of 113,000 in manufacturing jobs. By the government's definition, manufacturing includes the assembly of telecommunications gear and computer parts, and a sharp contraction in that sector was at the center of the economy's decline.