Friday, March 05, 2004
392,000 discouraged duckies
Reading beyond the headlines, the jobs news is even worse.
So when the apologists for the Bushogarchy say the unemployment rate is unchanged, remember it's just spin, as usual.
Moreover, the job gains in January were revised to show a pickup of just 97,000 positions, down from the 112,000 first estimated a month ago.
Nevertheless, the overall seasonally adjusted civilian unemployment rate stayed at 5.6 percent in February as thousands of prospective workers gave up looking for a job. Approximately 392,000 people left the civilian work force in February from January.
(via AP)
So when the apologists for the Bushogarchy say the unemployment rate is unchanged, remember it's just spin, as usual.
