I had not seen those specific numbers, but for the year 2004, the estimate was for 2.6 million jobs. And if you take that by a monthly basis, our pace should be more at 250,000 jobs. We have now seen the January and February numbers, and they are nowhere close to that. In fact, December and January were actually revised down from their original projections. Now, we will either see, this Friday or the following Friday, what the numbers are for March. I do not expect them to be anywhere near close to the 250,000 range that would keep us on pace for the original 2.6 million projection. But the Senator is correct in saying the job growth is not happening, which is the point I was trying to make.
Maria Cantwell: “I had not seen those specific numbers, but for the year 2004, the estimate was for 2.6 million jobs. And if you take…”
Editor's note · Context
Discussing job growth estimates and actual employment numbers during a Senate floor debate.
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