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Old 05-07-2004   #1
sarettah
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He has a ways to go before he's in the black on jobs creation....





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http://www.bacweb.org/journal/03_10/jobless.asp


Is the U.S. economy growing? It depends on whom you ask. If you, or a member of your family, are among the millions of unemployed, chances are the answer would be a resounding NO!

Instead of job growth, more than 3.2 million private sector jobs have disappeared since President Bush took office. This is the largest sustained loss of jobs since the Great Depression.

On average, that’s roughly 106,000 private sector jobs lost every month – the worst under any president in 58 years. The number of unemployed workers has risen to over nine million, and the unemployment rate has jumped from 4 percent at the end of 2000 to 6.1 percent in September 2003. The rate would be much higher if the underemployed and those who have given up looking for work were included.
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