|
August 2004
Employment was little changed for the second consecutive month. Job gains over the first eight months of 2004 totalled 113,000 (+0.7%), with almost all of the growth this year occurring in April and May. In August, the unemployment rate was unchanged at 7.2%.
While there was little change in the number of hours worked in August, hours worked has grown by 2.5% over the first eight months of 2004.
Taxes are indeed higher.
|