Latest Blogs
GDP Soars and Unemployment Drops; CBS’s Lead: 'The Economy is Slowin
A week after ignoring the announcement of a roaring 5.3 percent GDP growth rate in the first quarter, and on the day unemployment fell a tenth of a point to 4.6 percent -- the lowest level since July of 2001 -- the CBS Evening News decided to lead Friday with how, as anchor Russ Mitchell put it: “There are new signs this evening that the economy is slowing down.” Reporter Anthony Mason asserted…
Weekend Captionfest
Original caption to this AP photo: "President Bush answers a reporter's question during his meeting with
Rwanda's President Paul Kagame in the Oval Office of the White House
Wednesday, May 31, 2006 in Washington."
ABC Takes a Swipe at American Auto Industry
Gibson continues media focus on declining Big Three automakers, despite other companies new factories.
The May Employment/Unemployment Report: Some Perspective, Please
The good news: The unemployment rate of 4.6% is the lowest since June 2001.
The not-as-good news: The jobs increase of 75,000 is even smaller than indicated by May's figure alone, as March and April were revised downward by 25,000 and 12,000, respectively. So the net increase in the number of people working is at the end of May is 38,000 than what was originally reported at the end of April.
I…