Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Friday, September 03, 2004

Jobs numbers

144k.
America's payrolls picked up in August, with the economy adding 144,000 jobs, slightly less than economists were forecasting and highlighting the slow and uneven recovery in the labor market that jobseekers have braved.

Not the strongest of numbers for Bush. The economy created jobs, but not enough to keep up with all those coming into the work place.

Couple this with other reports throughout the week, and there is no rosy picture for the Bush economy.
Worker productivity growth slowed in the second quarter, retailers saw tepid sales in August and new claims for unemployment benefits rose last week, according to a trio of reports that suggested the economy was still working through its rough patch.


Also of note, the big news this morning is not the Bush speech, or the convention, but Hurricane Frances and the school hostage issue. That can't be good for Bush either.