<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>CNN - 5.6% Unemployment is 'low' (1996), 5.6% Unemlpoyment is high (Today)
CNN ^
July 5, 1996 Web posted at: 5:50 p.m. EDT
WASHINGTON (CNN) -- Economists didn't expect June's unemployment rate to be much different from May's, which was an already-low 5.6 from May's, which was an already-low 5.6 percent.percent. But in fact, it did fall -- to 5.3 percent. The unemployment rate hasn't been that low since June 1990.
The Labor Department said Friday that businesses added 239,000 workers to their payrolls during June. The vast majority of the jobs added were in the service industry, including restaurants, bars, and agencies that place temporary workers.
Analysts said preparations for the Summer Olympics in Atlanta also helped boost the total.
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Notice how the media frames todays unemployment figures to those back then....the whole key and the dems know it is that unemployment is still low...regardless of dem gloom and doom spin bullshit.