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90% Fewer Jobs Created in July Than Predicted

HeadlineAug 09, 2004

George Bush may be the first president since Franklin D. Roosevelt in 1932 to end his term with a higher unemployment rate than when he began. This prediction from the New York Times came after the Labor Department reported Friday that only 32,000 jobs were jobs created in July. The total was about 90 percent lower than the projected 240,000 jobs.

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