Monday, January 12, 2004

Share prices fall on weak government jobs report

Remember that great upswing we were supposed to be feeling? you know, increased spending around the holidays. new jobs, even if short term, bringing in more money to every part of the community? the White House said we'd hit 150,000 new jobs in Dec. and were warned that it would be a modest growth.

Well it was. 1,000 new jobs. couple that with 300,000 unemployed (for the same month) that officially gave up actively seeking new work, and the picture is not so pretty. One has to wonder if even Bush believes he can dig us out of his hole.

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