NEW YORK (Reuters) - April's surprisingly strong growth in U.S. jobs has boosted expectations of a rise in interest rates next month, sending stocks and bonds tumbling and the dollar climbing.
The thing to notice here is 'strong growth in U.S. jobs'. In April there were about 228,000 new jobs added. Yet despite of this, about 54% of Americans think that the economy is getting worse.
But despite of this, and the prison abuse non-issue, Bush is still slightly ahead of Kerry, or more likely, Kerry hasn't gained on any Bush lead.
WASHINGTON - Public opinion of President Bush’s handling of hot-button issues such as the economy and the war on terrorism is near the low point of his presidency, but Democratic rival John Kerry has been unable to capitalize on the Republican’s slide, an Associated Press poll found.
But it's still to early to tell for sure.
Posted by psugrad98 at May 10, 2004 09:53 AM