April 07, 2006

Blame Bush!

Stupid tax cuts:

Employers, in a springtime hiring burst, boosted payrolls by a sizable 211,000 in March and pushed the nation's unemployment rate down to 4.7 percent.

All a full employment economy means is that service at fast food restaurants will continue to get worse.

DOWNDATE: But I knew if we looked hard enough we could find a dark lining to this silver cloud:

The jobless rate for storm victims who had not returned home hit 34.7 percent last month, compared with 22.6 percent in February, the Labor Department said. The unemployment rate for those who had returned home also rose a bit from 4.8 percent in February to 5.3 percent in March.

Posted by Charles Austin at April 7, 2006 07:50 PM