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Strategies & Market Trends : Sharck Soup
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To: Sharck who wrote (11254)3/11/2001 1:23:07 PM
From: velociraptor_   of 37746
 
Sharck, I think the unemployment numbers are going to be misleading for a while. I am sure you are well aware of the numbers of people that are being laid off right now. I would say that a lot of those are people who had decent jobs and probably have a little money to live off of while they look for something else. Thus, they won't be finding their way to the unemployment lines just yet. I myself could do absolutely nothing for income for the next year and be just fine and I won't be standing in any unemployment line. Once those job cuts start trickling down to lower wage jobs, I think we'll start to see those unemployment numbers rise quickly. Just another perspective to be aware of.
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