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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (70565)	9/28/2006 4:32:36 PM
From: CalculatedRisk	Read Replies (2) of 110194

That 100K lost construction jobs is just in California. There are at least 600K residential construction jobs that will be lost nationwide - and that is if the housing market stabilizes right here (very unlikely). See the table here (at end of post): calculatedrisk.blogspot.com With activity back to 2002/2003 levels, BLS reported residential construction jobs should drop back to 2002/2003 levels too.

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