More Job Losses The Bush economic juggernaut continues to roll right over everyone not ...

(More Job Losses The Bush economic juggernaut continues to roll right over everyone not directly connected to the GOP gravy train. See this WashPost article for reference.So what happened last ...) More Job Losses The Bush economic juggernaut continues to roll right over everyone not directly connected to the GOP gravy train. See this WashPost article for reference.So what happened last month? All the GDP growth produced...1000 jobs in December. Meanwhile, another 300,000 people stopped looking for work. So while the unemployment rate has "fallen", the far more important employment to population ratio is getting worse and worse.We'll have to see what happens over the next few months. Weak holiday hiring by retailers was to blame for holding back job gains. Analysts were surprised by the anemic job growth because they expecting companies to add 100,000 to 150,000 jobs to their payrolls last month. But the net gain was just 1,000 jobs -- which is "quite shocking," Cheney said. "I would certainly have not expected anything resembling that."Cheney's shocked, huh? What the heck? Maybe the economy isn't quite as simple as tax cut in, standard of living up. Unless you're in that ...

09:15:29 January 19, 2004, Monday (PST) Source: Ross Judson: Personal

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