Summary
The article I chose came from the Knight Ridder Tribune Business News; Washington; Oct 5, 2002. The article dealt with how the jobless rate for the United States dropped but at the same time the economy shrank by forty three thousand jobs. One of the reasons this happened was because the unemployment rate comes from a survey of about sixty thousand households while the jobs data is derived from payroll data from about three hundred thousand firms. The article also mentions how smaller companies might actually be doing better than medium to large companies. Finally the article mentioned how the senate is working on a bill that would extend unemployment benefits an extra thirteen weeks. The article stated many analysts were surprised by the news because the economy normally needs to gain at least 100,000 jobs a month to keep the unemployment rate from rising. To further add to the confusion the economy actually lost forty seven thousand jobs and the unemployment rate still dropped from 5.9 to 5.7. The fall in u
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Some common words found in the essay are:
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Approximate Word count = 727
Approximate Pages = 3 (250 words per page double spaced)
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