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Tuesday, September 30, 2003
Fun with numbers and stuff
The Bush Administration is all about creating jobs. Of course they've failed miserably at actually accomplishing anything close to that. But take heart Bushies, you can always misrepresent the some of the latest numbers. Just be clever (okay, ask someone to be clever for you):
Even as unemployment continued to mount last year, the number of jobs being eliminated fell below the level in the late 1990's, according to a new government report. But the number of jobs that businesses created in 2002 dropped to its lowest level since 1995. Compared with the size of the economy, the rate of hiring was even slower than during the weak recovery of the early 1990's.
The results come from a survey that the Bureau of Labor Statistics published for the first time yesterday, offering a fuller picture of the nation's long jobs slump. The government previously reported only the net change in employment, which does not explain whether a weak job market like the current one stems mainly from layoffs or from companies' unwillingness to hire.
The new numbers portray an economy stuck in neutral, with workers no longer losing their jobs at the rapid pace of 2001 but with relatively few new job opportunities popping up. In the last three months of 2002, 7.8 million jobs were eliminated, while 7.7 million were created, according to company records studied by the bureau.
See! Emphasize the 7.7 million created! With a bright cheery smile even the average unemployed Fox News viewer will believe it. The 7.8 million lost is just details, details, details...
Who will be the first Townhall contributor to run with this one?
...and remember: A "jobless recovery" is a lot like a meat-less hamburger. Not very satisfying, is it?
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