The economy added another 288,000 jobs in April, with the unemployment rate now at 5.6% (the rate at Clinton's reelection). That's a gain of 1,088,000 jobs since July 2003. Let's look at the numbers.
Posted on 05/07/2004 6:21:29 AM PDT by Bubba_Leroy
Me, I wasn't counted until last month, though we have a number of self-employment sources, and add to this now my regular position, and we are doing way better than we were before the downturn. In fact, I have become two: We've had to hire someone to work our other business full time because we can't keep up with it. Things were bad for us, and we complained alot about it at the time, of course. But we're palpably better off now than we were then, turned something bad into something good because we would never have thought of starting the businesses we did, and now we have those AND a regular job. Pretty nifty.
Signed,
The economy created 288,000 "McJobs".
Robert Reich tried to spin it this way on CNBC today, although even he had to admit that the jobs news is good.
How many of these 288,000 "jobs" are full time with benefits? That's what I want to know.
The economy added another 288,000 jobs in April, with the unemployment rate now at 5.6% (the rate at Clinton's reelection). That's a gain of 1,088,000 jobs since July 2003. Let's look at the numbers.
1 Month Net Change Series Id: CES0000000001  |
|||||||||||||
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1994 | 270 | 192 | 468 | 357 | 339 | 310 | 359 | 303 | 354 | 206 | 425 | 270 | |
| 1995 | 321 | 211 | 220 | 163 | -9 | 227 | 71 | 278 | 239 | 149 | 144 | 140 | |
| 1996 | -18 | 435 | 255 | 165 | 329 | 271 | 228 | 203 | 218 | 238 | 292 | 177 | |
| 1997 | 229 | 294 | 317 | 291 | 262 | 246 | 276 | -7 | 506 | 339 | 307 | 298 | |
| 1998 | 268 | 185 | 148 | 278 | 401 | 205 | 121 | 355 | 221 | 192 | 285 | 344 | |
| 1999 | 113 | 396 | 124 | 382 | 214 | 257 | 295 | 193 | 187 | 422 | 295 | 294 | |
| 2000 | 194 | 146 | 493 | 308 | 231 | -25 | 160 | -28 | 89 | 30 | 183 | 124 | |
| 2001 | -53 | 104 | 15 | -271 | 1 | -150 | -115 | -141 | -267 | -361 | -332 | -212 | |
| 2002 | -165 | -90 | 43 | -68 | 2 | 25 | -111 | 11 | -47 | 83 | -37 | -209 | |
| 2003 | 94 | -159 | -110 | -20 | -28 | -14 | -45 | -25 | 67 | 88 | 83 | 8 | |
| 2004 | 159 | 83 | 337(p) | 288(p) | |||||||||
| p : preliminary |
|||||||||||||
Signed,
John F'ing Kerry"
His ex-boss Michael Dikakis used the same line in 1988, and now you know the rest of the story.
I believe Carter is considered retired rather than unemployed. Kind of Presidentus emeritus.
I've got to agree with Bubba Leroy on this one. The published title of the article, "Companies Add 288,000 Jobs to Payrolls," consisted of five words. Only one of them, "288,000," was used in the title of the earlier post. It makes it really heard to search for prior posts of an article if you have to search individually for each and every word in the title.
It is a hellovalot easier to check for prior posts of articles if people will simply post them using the actual titles.
That must be when employers first realized that Clinton was no longer President and immediately started laying off workers.
In the past 8 months over a million jobs have been added. Gosh, that makes it hard for the Democrats to run on their usual "its the worst economy since the Great Depression" line.
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