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


To: DavesM who wrote (559198)4/2/2004 1:38:37 PM
From: DuckTapeSunroof  Respond to of 769667
 
While the payroll survey of 400,000 business establishments painted a rosy portrait of the U.S. labor market, the separate survey of 66,000 households was not as positive.

Total employment fell by 3,000 while unemployment rose by 182,000 to 8.35 million. The labor participation rate was unchanged at 65.9 percent [in the household survey, it actually inched up in the business survey.)

The number of workers who've been jobless for longer than six months rose to 1.99 million, representing 23.9 percent of all unemployed workers, the highest in more than 20 years. The figures do not count those who've stopped looking for work.