Unemployment and the election - East Valley Tribune: Opinion

default avatar
Welcome to the site! Login or Signup below.
Logout|My Dashboard

Unemployment and the election

Font Size:
Default font size
Larger font size

Posted: Sunday, October 10, 2004 5:53 pm

The last unemployment figures before the November election are out, and the numbers have stubbornly refused to cooperate with the political needs of the two presidential campaigns.

President Bush, obviously, would like to see better figures to demonstrate that his economic program is indeed working, while a more dismal showing would accord with challenger John Kerry's charge that Bush is a poor steward of the economy.

The unemployment rate was unchanged at 5.4 percent; OK but not great.

Job creation in September was the soft spot in the numbers, with 96,000 new jobs, below expectations and not enough to keep up with the demand for work. The good news for Bush is that as the Labor Department goes back over earlier job-creation figures, it is revising them upwards. The bad news for Bush is that the manufacturing sector, whose health is a key issue in most of the battleground states, lost 18,000 jobs after months of modest increases.

The early spin was that the damage wreaked on the economy by four hurricanes in two months held down job growth, but the Labor Department said it wasn't enough to "materially" affect the national outlook.

The sitting president gets the credit or the blame for the broad economic forces, like employment, that are largely outside his direct control, but that doesn't stop the candidates from talking about it that way.

Voters can take comfort in the fact that both candidates say the economy will be much improved if they are elected.

  • Discuss

'Nuestra Palabra' Celebrates 18 Years Showcasing Latino Literature

HOUSTON, TX — Tony Díaz recalled the kinds of comments he would get when almost two decades ago he proposed creating an organization in Housto…

Published: April 28, 2016 - 10:09 pm @ http://www.nbcnews.com/news/latino/nuestra-palabra…

Inside Artist Geoffrey Gersten's New Gallery in Old Town Scottsdale

Lynn Trimble A A During a Thursday night art walk in April, people strolling through the Old Town Scottsdale, just west of Scottsdale Museum o…

Published: April 28, 2016 - 9:39 pm @ http://www.phoenixnewtimes.com/arts/inside-artist-…

Cardinals end Robert Nkemdiche's draft-day fall

Around the NFL writer Published: Updated: The Arizona Cardinals entered the offseason knowing they needed to address the defensive line. Steve…

Published: April 28, 2016 - 9:39 pm @ http://www.nfl.com/news/story/0ap3000000657397/art…

President Obama Weighs His Economic Legacy

Two months ago, across an assembly-room table in a factory in Jacksonville, Fla., President Barack Obama was talking to me about the problem o…

Published: April 28, 2016 - 9:10 pm @ http://mobile.nytimes.com/2016/05/01/magazine/pres…

Free Mini Sundaes at Sweet Republic and Other Things to Eat and Drink This Weekend in Metro Phoenix

Teresa Traverse A A Chandler Craft Spirits Festival Saturday, April 30 The third annual Chandler Craft Spirits Festival will celebrate all thi…

Published: April 28, 2016 - 7:38 pm @ http://www.phoenixnewtimes.com/restaurants/free-mi…


EastValleyTribune.com on Facebook


EastValleyTribune.com on Twitter


EastValleyTribune.com on Google+


Subscribe to EastValleyTribune.com via RSS

RSS Feeds