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Old 08-06-2004, 04:37 PM   #1370
Secret_Agent_Man
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Join Date: Mar 2003
Location: You Never Know . . .
Posts: 4,266
Unhappy The Jobs Report for July

Since Club has been too busy being agreeable to do Internet research, I'll post it:

http://money.cnn.com/2004/08/06/news...ex.htm?cnn=yes

"Hiring by U.S. employers slowed significantly in July, according to a government report Friday, as the number of new jobs added to payrolls came in far below Wall Street expectations.

"The Labor Department report showed only 32,000 new net jobs added to payrolls during the month, down from a revised 78,000 jobs that were added in June. The increase was the smallest since December, when payrolls rose by just 8,000."

Kerry's comment: "We can do better."

Bush's comment: "We have a strong economy, and its getting stronger!"

S_A_M

P.S. However, the unemployment rate fell to 5.5% -- but Not Me still doesn't believe that there are discouraged workers.
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