Friday, April 06, 2007

Good Unemployment Figures

Unemployment in the US has dropped to 4.4%, with good numbers for all sectors outside of manufacturing (Bureau of Labor Statistics). Unlike some previous manipulations by the administration, this improvement comes from an increase in the employment to participation raio (hat tip Angry Bear) rather than a drop in labor force participation (which held steady at 66.2%).

Not that this is helping Bush, who's approval rating remains at 35%.

Post by Peter

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