6.07.2008

Unemployment up because more people want jobs, says Bush


During an economic speech today, President Bush partly blamed a dramatic rise in unemployment on new workers entering the workforce. Later, in a CNN interview, Bush Labor Secretary Elaine Chao also said that the increase the unemployment rate was "caused in part by a surge of young entrants into the job market."

[From The Raw Story | CNN reporter: Bush excuse for unemployment rate 'ridiculous']


226 days to go.



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