Business Services Industry
Job growth weak, Labor Department says.
Knight Ridder/Tribune Business News, October, 2004
By Gregg Fields, The Miami Herald Knight Ridder/Tribune Business News
Oct. 9--In the final unemployment report before the election, the Labor Department reported Friday that job growth continued in September but in a badly weakened state -- providing campaign fodder for both presidential camps.
The report found that the nation added 96,000 jobs in September, far short of the 150,000 most analysts had expected. The government also revised August's job gain from 144,000 to 128,000. Unemployment remained unchanged, at 5.4 percent.
With September's figures, George W. Bush has now presided over a decline of more than 800,000 payroll positions during his term. The last time jobs fell in any president's tenure was during the Great...
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