Employment Rises by 96,000 in September
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Friday, Oct. 8, 2004
WASHINGTON Companies added 96,000 jobs to their payrolls
in September, fewer than economists forecast for the last
employment report before Election Day, highlighting a modest pace
of hiring that has become an issue in President Bush's bid for
re-election.
The four hurricanes striking Florida and other coastal states
the past two months "appears to have held down employment growth,
but not enough to change materially," the Labor Department said
Friday in assessing September's national employment.
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The nation's civilian unemployment rate remained at 5.4 percent.
Job growth was held down by losses in manufacturing, retail and
information services. September's net increase of 96,000 payroll
jobs was less than August's rise, which was revised down in
Friday's report from 144,000 to 128,000.
Though 1.8 million jobs have been added to the payrolls of U.S.
businesses since August 2003, there are about 800,000 fewer jobs than when Bush took office in January 2001.
That's a big political issue, especially in Rust Belt
battleground states that have lost thousands of manufacturing jobs
during Bush's presidency.
Bush's Democrat challenger, John Kerry, widened his lead on
the question of who would create jobs. In a new AP-Ipsos Public
Affairs poll, 54 percent of respondents favored Kerry on job
creation, and 40 percent liked Bush. Less than half of likely
voters, 47 percent, approved of Bush's performance on the economy.
Friday's report was sure to be closely scrutinized on both the
Republican and Democrat sides, which offer starkly different
views of the U.S. economy. Bush says that the economy is growing
steadily and that jobs are being created. Kerry says that jobs are being
created but that there aren't enough new jobs to keep pace with
population growth.
© 2004 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.
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