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Friday, August 06, 2004

Weak Employment Numbers

Reuters report U.S. Employment Growth Surprisingly Weak in July:

U.S. employers added a paltry 32,000 workers to payrolls last month, the government said on Friday in a report far weaker than expected that will come as unwelcome news for President George W. Bush ahead of the presidential election.

The Labor Department also cut its tally of job growth for May and June by a combined 61,000.

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