Yes but will we see that point of diminishing returns after the
6th month?
We saw this in 1990/1991 because the statistics were counted
from the unemployment claims. Those whose unemployment went
longer than 6 months fell off the statistics, so the statistics
became skewed.
Tracy Johnson
MSI Schaevitz Sensors
>-----Original Message-----
>From: Stan Sieler [mailto:[log in to unmask]]
>Sent: Tuesday, August 07, 2001 7:31 PM
>To: [log in to unmask]
>Subject: Re: OT: food for thought (regarding jobs in America) was re:
>now seeking HP30...
>
>
>Re:
>> > (Layoffs) Food for Thought
>...
>> > can't find a good paying job in ... AMERICA...
>
>The "food for thought" is a bit unbalanced. It fails to
>mention, for example,
>what percentage of the various products (like the car made in
>Germany) are
>actually made (or assembled) in America. The story is rarely
>as simple as
>"made in X" might imply.
>
>> NEW YORK (Aug. 6) - U.S. job cut announcements jumped 65
>percent to a record
>> level in July, led by telecommunications, computer,
>electronic and industrial
>> companies, a report by outplacement firm Challenger, Gray &
>Christmas, Inc.
>> said Monday.
>
>Keep in mind one of the lines in that article:
>> But the unemployment rate held steady at 4.5 percent.
>
>So, the news isn't *entirely* bad :)
>
>
>
>Stan Sieler
>[log in to unmask]
>www.allegro.com/sieler/wanted/index.html
www.allegro.com/sieler
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