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GWB's dismal jobs record -THE LATEST

Started by tomrod, 03/05/2004 05:24PM
Posted 03/05/2004 05:24PM Opening Post
There are a lot of factors that are out of Bush's control, but the fact remains. This administration has the worst jobs record in modern history.

>>> America's unemployment rate remained stuck at 5.6 percent in February as the economy added a paltry 21,000 positions.

>>> … the overall seasonally adjusted civilian unemployment rate stayed at 5.6 percent in February as thousands of prospective workers gave up looking for a job. Approximately 392,000 people left the civilian work force in February from January.

>>> There were some 8.2 million people unemployed in February, with the average duration of 20.3 weeks without work. That marked the highest average duration of joblessness in over 20 years.

>>> Manufacturers lost jobs for the 43rd month in a row in February. Factories cut 3,000 positions last month, but that marked a slower pace than the 13,000 cut in January.

Self-employed witch doctors, voodoo economists, and eB_y beanie baby sellers are not included in these figures.

See the whole article here:

http://story.news.yahoo.com/news?tmpl=story&ncid=&e=2&u=/ap/20040305/ap_on_bi_go_ec_fi/economy


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