Thursday, June 26, 2003

You've heard the Dims rage about Job Loss as if it is G.W.'s fault.

SEN. JOHN KERRY (D-MA), PRESIDENTIAL CANDIDATE: 2.5 million jobs lost in the last two years, unemployment rate climbing.

Employment Data collected by the Bureau of Labor Statistics indicates nothing short of historically average for current unemployment rates. I find that impressive considering the impact of 9/11 on our economy. It would be interesting to find out how John Kerry arrived at his 2.5 million claim. If he used the B.L.S. as I did, he would surely have realized that such an estimate was gathered by polling.

How long has the unemployment rate been increasing? It has been on the increase since before the 43rd President has implemented any economic policies and slightly before he even took office. Note point A on the chart I included. Also note point B indicates a curent trend of the unemployment rate leveling off. What will the future bring? I will not venture a guess at this time.

1976to2003

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