Bush First Term Sees Net Gain in Jobs

From the Bureau of Labor Statistics and the SBE newsletter:

The Bureau of Labor Statistics (BLS) announced on Friday that the economy created 262,000 jobs in February, almost twice the January gain and the largest single-month gain since last October. This announcement increases the total job gains since August 2003 to 2.3 million on 14 months of consecutive growth. In January, employers added enough payroll jobs to regain all those lost since the peak in February 2001, a month before an eight-month recession started, and enough to give President George W. Bush a net gain during his first term in office.

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