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Jonathan Ganz
 
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"Horvath" wrote in message
...
On Sat, 4 Sep 2004 00:46:07 -0000 (GMT), "John Deere"
wrote this crap:

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WASHINGTON - U.S. employers added 144,000 workers to their payrolls in
August and hiring totals for the two prior months were revised up as
the job market brightened, the Labor Department (search) reported on
Friday.


All major economists were expecting and hoping for 200K. That's the number
that is break-even for job creation/job loss.

The unemployment rate (search) dipped to 5.4 percent last month from
5.5 percent in July. But the drop in the jobless rate in August came
as people left the work force for any number of reasons, the Labor
Department said. Economists were predicting the jobless rate to hold
steady in August.


It dipped .1 percent because people were dropped from the tally. There
was no drop in unemployment.