| Home | News| Living in China| MMS | SMS | About us | Contact us|
   
 Language Tips > 2004
Jobs and the U.S. Economy
By Mario Ritter


This is Bob Doughty with the VOA Special English Economics Report.

The Labor Department says the United States economy created 248,000 jobs in May. The department says almost one million jobs have been added in the last three months.

Even so, the unemployment rate in May was the same as April: five-point-six percent. News reports said this was because, while there were more jobs, there were also more job seekers in the market.

The jobs report last Friday added to signs that the economy is improving. The Bureau of Economic Analysis at the Commerce Department says the economy has grown since the last three months of 2001. But, until September of last year, the number of people with jobs had been shrinking. That situation led to concerns that the United States was in a jobless recovery.

Now, President Bush says the economy is strong and getting stronger. His administration gives credit for the new growth to its personal tax cuts. The reasoning is that people who pay less in taxes put the savings into investments and goods.

But Democratic presidential candidate John Kerry says the United States is in a "wage recession." Senator Kerry's campaign released a statement about the jobs report. The statement said "America is still in the worst job recovery since the Great Depression." It said those who do find a job are earning less, while having to pay more for health care, college and gasoline.

Before last September, about 2600,000 more jobs had been lost than were created since Mister Bush took office. Recent job gains have cut that number by more than half. If the current rate continues, the deficit in jobs could disappear by the election in November. For more than seventy years, no American president has had more jobs lost than gained during his presidency.

Measures of public opinion show that not all Americans are sure yet about the economic recovery. The Consumer Sentiment Index by the University of Michigan was reported down four percent in May. Some economists say worries about inflation and the possibility of higher interest rates may be influencing how people feel.

The University of Michigan was supposed to release its early report for June on Friday. But it delayed the release because of the funeral of former President Ronald Reagan.

 
Go to Other Sections
Story Tools
 
Copyright by chinadaily.com.cn. All rights reserved

版權聲明:未經中國日報網站許可,任何人不得復制本欄目內容。如需轉載請與本網站聯系。
None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited.
 

 

主站蜘蛛池模板: 亚洲一区无码中文字幕| 国产免费拔擦拔擦8x高清在线人| 中文日韩字幕一区在线观看| 欧美性猛交xxxx乱大交丰满| 午夜小视频男女在线观看| 97在线公开视频| 国内精品久久久久影院蜜芽| 中文字幕亚洲乱码熟女一区二区| 樱花视频入口在线观看| 免费a级毛片大学生免费观看| 青青国产成人久久91网站站| 国产精品无码久久久久久| www.污网站| 拍拍拍无挡视频免费观看1000| 亚洲一区无码中文字幕| 欧美黑人肉体狂欢大派对| 劲爆欧美第1页婷婷| 野花香高清在线观看视频播放免费| 国产精品大片天天看片| jizz中国jizz欧洲/日韩在线 | 日韩午夜高清福利片在线观看| 亚洲精品成人片在线观看精品字幕| 美女的尿口视频网站| 国产小视频在线观看免费| 2021在线永久免费视频| 天天久久综合网站| 东北美女野外bbwbbw免费| 日韩AV片无码一区二区不卡| 亚洲人成网站999久久久综合| 波少野结衣色在线| 全彩熟睡侵犯h| 色之综合天天综合色天天棕色| 国产成人精品亚洲精品| 5g影院欧美成人免费| 大陆三级理论电影有哪些| 一级毛片免费播放| 无码专区aaaaaa免费视频| 久久成人国产精品一区二区| 最近免费中文字幕完整7| 亚洲国产高清人在线| 沈婷婷小雷第三次|