<span class="ev_code_RED">RECORD NUMBERS LAID OFF, REHIRED AT LOWER WAGES: According to a newly released government report, "layoffs occurred at the second-fastest rate on record during the first three years of the Bush administration." During Bush's presidency, "the layoff rate reached 8.7 percent of all adult jobholders, or 11.4 million men and women age 20 or older." More disturbingly, "56.9 percent of those who said they were re-employed also said they were earning less in their new jobs than in the jobs they had lost."</span>
Associated Press