Posted on 06/04/2004 5:30:16 AM PDT by JohnHuang2
Edited on 06/04/2004 5:36:32 AM PDT by Admin Moderator. [history]
hahahahahaha!
Smokin' . . .
Nonfarm payroll employment rose by 248,000 in May, and the unemployment rate was unchanged at 5.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The May increase in payroll employment follows gains of 346,000 in April and 353,000 in March (as revised). Job growth in May again was widespread, as increases continued in construction, manufacturing, and several service-providing industries.
Upward revisions to March and April totalling 74,000 jobs as well. Manufacturing hours worked rose to 41.1 suggesting a need for plants to hire more workers fast.
Time for Bush to start touting this recovery. He owns this issue and needs to talk to the American people about how his tax cuts have made this possible.
WHAT?!? No jobless recovery!? -- Kerry aide.
Better than expected. Should lead all major newswires today. /sarcasm
Maybe I'll be working a good job in the States at this time next year. Wooohoooo!
Oh, he will. It's too early yet. He's very clever and he knows that timing is everything. Give it another six weeks or so and he'll start slipping it in there.
Since its recent low in August 2003, payroll employment has risen by 1.4 million; 947,000 of this increase occurred over the last 3 months. Job growth was widespread in May, with gains continuing in construc- tion, manufacturing, and several service-providing industries. (See table B-1.)
In May, construction employment increased by 37,000, with most of the gain occurring in specialty trade contracting and the construction of buildings. Since March 2003, the construction industry has added about a quarter-million jobs.
Manufacturing employment grew by 32,000 in May. Since January, manufactur- ing as added 91,000 jobs, mostly in its durable goods component. In May, em- ployment rose in three construction-related manufacturing industries: fabri- cated metal products, wood products, and nonmetallic mineral products (such as concrete and cement). Employment also increased in computer and electronic products.
Isn't this the day that the 'toon's book comes out?
Gee. I wonder if this great economic news gets overshadowed by other items of the day...
Thanks, my friend. Added it to the top.
Economists surveyed by Briefing.com had forecasted 225,000 jobs being added in the May report, while John Kerry was hoping for no jobs being added.
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