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2004 Economic Report of the President
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2004 Economic Report of the President
Av Mellen
Employment
The unemployment rate decreased this year, and employers created over 2 million new jobs. In December 2004, the unemployment rate was 5.4%, and is expected to drop closer to full employment/unemployment levels at 5.3% by the end of 2005. This reverses the previous unemployment rate trend for the Bush administration, which culminated in a peak unemployment rate of 6.3% during the second quarter of 2003. The service sector experien...
Approximate word count: 902
Approximate pages: 4 (250 words per
double-spaced page) |
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