September 03, 2004

144,000 NEW JOBS IN AUGUST. The unemployment rate drops to 5.4%. QandO takes a closer look.

And nearly 4 million new jobs have been added to the American economy since George Bush took office. Analysis here.

Where are the new jobs? Well there are 430,000 sellers now selling full-time or part-time at Ebay. I'm guessing most of these jobs do not show up in the W-2 payroll Employment survey. Posted by Greg Ransom | TrackBack