Friday, August 06, 2004

jobs jobs jobs

Job Growth Grinds Nearly to Halt in July, Labor Dept. Reports
By DAVID LEONHARDT 2:17 PM ET
The disappointing numbers of the last two months have created a potential political problem for President Bush.

Low Numbers, New Problem
By KATHARINE Q. SEELYE 10:39 PM ET
In the face of paltry numbers on job growth, President Bush's new slogan, "we've turned the corner," sounds premature at best.

Surprisingly weak job growth in July has raised doubts about whether the economic expansion can be sustained. Nonfarm payrolls rose just 32,000 in July, far below the 215,000 on average expected by economists. But the unemployment rate fell to 5.5%.

Employment Situation Report (bls.gov)

But didn't I just post this one a day or so ago?

Job Picture Looks Good Now, but Recession Left Fears That Endure
By FLOYD NORRIS
Despite rapid job growth this year, many Americans continue to believe there is a job crisis.

I really wish we could all just agree that whatever models we have for employment suck, and need to be updated.

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