Internetworkers: http://www.ibiblio.org/internetworkers/

["Tony Spencer" <tony AT tonyspencer.com>]

Well that is true but new jobs have been created every month for the past 7
months.  Economists are now predicting growth of about 150,000 jobs over the
next several months, rising to 200,000 by the end of the year.  Unemployment
claims are at the lowest level in over 3 years.

The trend is up, up, up.

-----Original Message-----
From: internetworkers-bounces AT lists.ibiblio.org
[mailto:internetworkers-bounces AT lists.ibiblio.org] On Behalf Of Michael
Czeiszperger
Sent: Monday, April 12, 2004 4:33 PM
To: Internetworkers: http://www.ibiblio.org/internetworkers/
Subject: Re: [internetworkers] Economic growth figures rigged?


On Apr 12, 2004, at 3:52 PM, Tony Spencer wrote:

> But it's hard to argue with the numbers released 10 days ago.  When
> economists expect 123,000 new jobs and the labor department reports 
> 308,000
> new jobs I'd say it's a huge stretch to characterize job growth as 
> "poor".

Net job figures fluctuate from month to month and don't mean anything.  
Its still too early to tell if job creation has increased.  Even if we 
had job growth of 308,000 every month for the foreseeable future it 
would take three years to replenish all of the jobs lost in the 
previous two years.

___________________________________________________________________
michael at czeiszperger dot org
Chapel Hill, NC

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