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


To: DizzyG who wrote (617258)9/3/2004 10:36:50 AM
From: Thomas A Watson  Respond to of 769670
 
toms.homeip.net A small band of those who love America gather to listen to the Genius of Leadership, PRESIDENT GEORGE W. BUSH



To: DizzyG who wrote (617258)9/3/2004 11:10:56 AM
From: tonto  Respond to of 769670
 
Kenneth, why did you create your post yesterday? It was pure bs and not worthy of space.

Job Picture Brightens with August Hiring
Fri Sep 3, 2004 08:31 AM ET
WASHINGTON (Reuters) - The U.S. job market brightened in August as employers added 144,000 workers to their payrolls and hiring totals for the two prior months were revised up, the Labor Department reported on Friday.
With the economy growing in importance as an issue in November presidential elections, the department said the August unemployment rate dropped to 5.4 percent from 5.5 percent in July. It was the lowest rate since a matching 5.4 percent in October 2001 and was certain to be cited by President Bush as a sign that his tax cuts have helped stimulate economic activity.

The August new-job gain came in slightly below Wall Street analysts' forecasts for a 150,000-job gain but the department also revised up its totals for June and July job creation by 59,000.

That created a moderately more favorable picture for summer job growth, but is likely to leave unresolved for now whether the economy was successfully shaking off a June soft patch as Federal Reserve policymakers expect it to do.

reuters.com.



To: DizzyG who wrote (617258)9/3/2004 11:15:31 AM
From: bentway  Read Replies (2) | Respond to of 769670
 
<brightened in August as employers added 144,000 workers>

Get real! The economy has to add 150,000 jobs a month just to break even with new demand. August looks 6,000 short of meeting demand to me! Add the 6k deficit to the millions of jobs lost under Bush, and you've got the 21st century's Herbert Hoover, George W. Bush.



To: DizzyG who wrote (617258)9/3/2004 3:58:58 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769670
 
The payrolls figure and the unemployment rate can sometimes offering differing impressions of the labor market because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure — seen as a better barometer of the labor market's health by many economist — is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

story.news.yahoo.com

<The slight change in the unemployment rate was ENTIRELY due to more people giving up the hunt for jobs....>