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Old 06-02-2004, 14:09   #1
Jerrek
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Join Date: Jul 2003
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Jerrek can only hope to improve
Economy picking up steam :)

http://www.cbc.ca/stories/2004/02/06/USjobs_040206

U.S unemployment rate falls to 5.6 per cent as 112,000 jobs created

Quote:
WASHINGTON - U.S. companies added jobs in January at a rate not seen since December 2000, pushing the unemployment rate south of the border down to 5.6 per cent.

The U.S. Labour Department said employment grew by 112,000 new positions last month, lowering the jobless down by 0.1 percentage point from December to its lowest level since October 2001.

The January jobs increase marked the fifth straight monthly increase in employment, the U.S. government said.

While job growth appears to picking up, January's report was actually below expectaions. Economists had been forecasting the U.S. economy would add anywhere from 150,000 to 180,000 new positions.
Tax cuts at work. If the economy continues to grow, I don't really see Kerry standing a chance against President Bush.
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