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...news may actually provide fuel for both camps. The rising unemployment rate bolsters Republicans who have been arguing that the stimulus bill, which most economists credit with speeding economic recovery, has only made matters worse on the job front, with October's numbers showing that the economy is continuing to shed jobs. "It's bewildering to see the same Administration that sold its trillion-dollar spending plan this spring as a guarantee against 8% unemployment claiming it created 1 million jobs, especially since it is a sad fact 3 million jobs have been lost since the stimulus was signed into...
...economy growing again, things should feel more solid by spring, and that should start working to our advantage," says a senior Treasury official. Friday's report offers some comfort on that front, in that the monthly job-loss number continues to trend downward, and also because the 10.2% jobless rate gives the Federal Reserve little reason to begin raising interest rates anytime soon, which augurs well for economic improvement...
Over the near term, however, the Administration knows it must contend with unpleasant realities, thanks to that unsettling double-digit jobless rate: "We're in for a pretty dark period," says the Treasury official. But, anticipating that, the Administration's strategy has intentionally avoided overpromising. "Obama's numbers hold up because he doesn't oversell," the official says. "We need to be steady and say, We know this will work but it's going to take time. Ultimately we're pretty confident that we did the right things and that it will help...
...toxin is an enzyme, a type of protein that accelerates the rate of chemical reactions by bringing reactants together in the enzyme’s active site...
Clinical trials this summer showed the swine flu vaccine to be considerably less effective among young adults than among older people. The vaccine successfully produced antibodies in about 50 percent of subjects under 25, compared to a success rate of 70 to 90 percent in the older population...