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Friday, September 05, 2003

Mix-n-match some more

President Bush, hailing signs of recovery in the American heartland, said today that the U.S. economy is "looking up" and renewed his call for further tax cuts that would cost about $1.1 trillion over 10 years.

Combine that with this:

The civilian unemployment rate improved marginally last month - sliding to 6.1 percent - as companies slashed payrolls by 93,000. Friday's report sent mixed signals about the nation's overall economic health.

August was the seventh consecutive month of cuts in payrolls, a survey released by the Labor Department showed, indicating continuing weakness in the job market. But the overall seasonally adjusted unemployment rate fell from 6.2 percent to 6.1 percent of the labor force, as reflected by a survey of U.S. households.

I guess you could call 0.1 percent "looking up."

posted by chris at 11:02 AM

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