Unemployment “down” -Yeah!!

On CNN AM they reported today that 140,00 new jobs were created. The current unemployment rate is now 5%. According to that report, this is the lowest rate since 2001. However that rate falls just under what is needed to keep the unemployment rate and the growth rate in proportion to each other.

What surprised me so much about the report was the very positive tone of the report. Normally a bit of Bush bashing would have followed the report. Could it be that CNN is becoming more responsible in its reporting of information? I hope so. Either way, time will tell. It is only fair to report what CNN does right as diligently as I gripe about their lousy efforts. Otherwise, I’d be guilty of doing what I accuse them!

[Lol- edited to correct the title]


~ by devildog6771 on July 8, 2005.

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