Sunday, December 07, 2003

Where Are the Jobs?

From the Progressive:

Though the unemployment rate dipped by one-tenth of a percentage point to 5.9 percent, the figures from the Bureau of Labor Statistics on Friday were anything but encouraging. After two years of so-called recovery, the economy in November added only 57,000 jobs, far fewer than what is necessary to make up for the number of new people entering the job market, much less to make a serious dent in the unemployment figures.

Unique in the annals of U.S. capitalism over the past six decades, the Bush recovery has not regained jobs.


Click here for more on the gilded recovery.

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