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Author: 2828 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 737115  
Subject: Jobs Reports, Then & Now Date: 10/6/2012 4:23 PM
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http://hotair.com/archives/2012/10/06/pre-election-bls-repor...

Let’s start with the New York Times. How did they lead their coverage in October 2004 of the September jobs report?

Employment growth in the United States slowed last month, falling far short of expectations, the U.S. government reported Friday.

The new jobs report cast doubts on the strength of the U.S. economic expansion and appeared to bolster Senator John Kerry’s case against President George W. Bush’s handling of the economy just hours before the second presidential debate.

The Labor Department reported that the U.S. economy added just 96,000 jobs in September, substantially less than the roughly 150,000 needed to keep pace with the expansion in the labor force and start absorbing the slack in the job market.


How did they report yesterday’s jobs report? Let’s just say they gave it a … different emphasis:

The jobless rate abruptly dropped in September to its lowest level since the month President Obama took office, indicating a steadier recovery than previously thought and delivering another jolt to the presidential campaign.

The improvement lent ballast to Mr. Obama’s case that the economy is on the mend and threatened the central argument of Mitt Romney’s candidacy, that Mr. Obama’s failed stewardship is reason enough to replace him.

Employers added a modest 114,000 jobs last month, the Labor Department reported on Friday, but estimates for what had been disappointing gains in July and August were revised upward to more respectable levels.

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Good stuff, they compare WaPo, PBS, and Chicago Tribune reports too.
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