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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST
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To: Donald Wennerstrom who wrote (11691)9/18/2003 5:06:43 PM
From: Ian@SI   of 95574
 
Don,

Intuitively, I'd expect the more relevent measure to be the % unemployed. It seems to me that the economy is always going through cycles, some industries are disappearing or at least employing fewer people as increased productivity makes them more efficient; while other industries are being created and growing rapidly.

The unemployed (and seeking a job) represent those that aren't in the right place geographically; don't have the desired skills; are hard core unemployable; etc.

But I'm not an economist or otherwise expert in this area, so I'll avoid any further off topic conversations on this subject.

Regards,
Ian
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