posted on Aug, 6 2004 @ 09:15 AM
Wow. 32,000 when they expected 240-250,000?
That is a dissapointing figure.
I think they jumped the gun on raising interest rates.
One thing I thought was funny, the unemployment rate went down to 5.5%
They lowered the figures for the last couple of months also.
"In the survey of businesses used for the payrolls report, job gains were revised lower for the preceding two months, to 78,000 for June and 208,000
in May, or 61,000 less than originally stated by the Labor Department."
[edit on 6-8-2004 by AceOfBase]