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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (9111)10/8/2004 10:45:43 AM
From: Mephisto  Respond to of 15516
 
Employment Rises by 96,000 in September

news.yahoo.com

By LEIGH STROPE, AP Labor Writer

WASHINGTON - Companies added 96,000 jobs to their payrolls in
September, fewer than economists forecast for the last employment
report before Election Day, highlighting a modest pace of hiring that has
become an issue in President Bush's bid for
re-election.

The four hurricanes striking Florida and other
coastal states the past two months "appears
to have held down employment growth, but
not enough to change materially," the Labor
Department said Friday in
assessing September's national employment
situation.

The nation's civilian unemployment rate
remained at 5.4 percent.

Job growth was held down by losses in manufacturing, retail and
information services. September's net increase of 96,000 payroll jobs
was less than August's rise, which was revised down in Friday's report
from 144,000 to 128,000.

Though 1.8 million jobs have been added to the payrolls of U.S.
businesses since August 2003, there are about 800,000 fewer jobs -
overall - than when Bush took office in January 2001.

That's a big political issue, especially in Rust Belt battleground states
that have lost thousands of manufacturing jobs during Bush's
presidency.

Bush's Democratic challenger, John Kerry , widened
his lead on the question of who would create jobs. In a new AP-Ipsos
Public Affairs poll, 54 percent of respondents favored Kerry on job
creation, and 40 percent liked Bush. Less than half of likely voters, 47
percent, approved of Bush's performance on the economy.

Friday's report was sure to be closely scrutinized on both the Republican
and Democratic sides, which offer starkly different views of the U.S.
economy. Bush says the economy is growing steadily and jobs are
being created. Kerry says jobs are being created, but there aren't
enough new jobs to keep pace with population growth.