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Economic News, Data and Analysis

Another Weak Jobs Report

Last month, only 57,000 jobs were created – well below what is needed to employ new entrants into the labor market.
For more see:

JobWatch
Although jobs increased by 57,000 last month, November 2003, the “Jobs and Growth Plan” still fell 249,000 jobs short of the administration’s projection. The administration projected that a total of 1,530,000 jobs would be created in the first five months after the tax cuts took effect. In fact, only 271,000 jobs were created over those five months for a cumulative shortfall of 1,259,000 jobs.

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Filed under: Economics, Economy

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