Data for March Show Big Surge in Job Creation
By EDUARDO PORTER
Published: April 3, 2004
After a long period of stagnation, job creation finally surged ahead in March, the government reported yesterday. The gains surpassed all but the most optimistic expectations among analysts and provided President Bush with a shot of good news to help counter Democratic attacks on his economic policies.
(Is there any doubt whose side this article is on, notice they completely ignor the fact that the unemployment rate actually went up.)
The economy added 308,000 jobs in March, the Labor Department estimated, pulling out of a pattern of tepid employment growth to clock the largest number of new jobs in a single month since April 2000.
(Reason to Celebrate?! "Big Surge" utter crap reporting, completely bias. Since "April 2000" Jeez what a crappo job Bush has done)
Unemployment — which is measured through a separate household survey rather than by tracking company payrolls — inched up to 5.7 percent from 5.6 percent in February. But changes in the unemployment rate tend to lag other economic indicators.
(Notice how they demean this portion of the jobs report, which Bush cites in months where the data goes against them...NYT is now a Neo Con Mouthpiece)
While economists cautioned that one or two months of healthy employment gains would not necessarily ease widespread public anxiety about the job losses of recent years, they said the report presented a generally positive portrait of a job market on the mend.
(Who? What? Utter crappo shit paper, used to be good a long long time ago. Paul Krugman is the only honest reporter left at the NYT)
To read the rest of this GOP propaganda, get a vomit bag and see...
http://www.nytimes.com/2004/04/03/business/03ECON.html?hp