The 2003 Economic Report of the President:
http://rothstein.wustl.edu/2003ERP.pdf
The 2004 Economic Report of the President:
http://www.gpoaccess.gov/usbudget/fy05/pdf/2004_erp.pdf
If you look at page 61 of the 2003 report, the administration reports non-farm payroll employment at 131.9 million for 2001 and 130.8 million for 2002. No doubt caused by 9/11. It then projects
132.5 million for 2003 and 135.2 for 2004.
But, a brief glance at page 103 of the 2004 report, shows that for 2002, the actual number was 130.4 million (small difference), and for 2003, non-payroll employment was
130.1 million, a far cry from the 132.5 million it projected the previous year. Well, you can't blame them for trying.
Now, this same report from 2004, predicts projected nonfarm payroll employment to be 132.7 million at the end of 2004. Let's see: (132.7 million - 130.1 million) / 12 = 216,000 per month. Hmm...don't think we're getting there. And of course, this 132.7 million is a far cry from the 135.2 they projected two years ago.
Looks like the Democratic congress is to blame for this. Oh, wait...