| |
| | Road to full employment - The Washington Times: Commentary - December 19, 2004 (Site not responding. Last check: 2007-10-20) |
 | | If employment growth between now and the end of next year is at the low end of the probable range, rising at a modest 1½ percent annual rate, it may be enough to halt the downtrend in labor force participation, but probably not enough to increase it much. |
 | | Were employment to increase at the 2 percent rate, and the participation rate responded strongly by three-tenths of a percentage point yearly, it would still take until late 2008 to achieve an unemployment rate in the low 4 percent range. |
 | | Employment growth in the middle of the probable range, averaging about 200,000 a month, with only a small rise in labor force participation, would lower unemployment modestly, to 5.1 percent a year from now. |
| www.washtimes.com /commentary/20041218-100133-1791r.htm (875 words) |
|