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Strategies & Market Trends : 50% Gains Investing
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To: Dale Baker who wrote (24964)5/5/2001 8:40:44 AM
From: Dale BakerRead Replies (1) of 118717
 
Dig a bit more in the employment figures and guess what you find - there are more people working in the US today than there were when the unemployment rate hit 3.9% last October!

Total non-farm employment:

1999 128282.
1999 128377.
1999 128630.
1999 128898.
1999 129057.
1999 129265.
1999 129523.
1999 129788.
1999 130038.
2000 130387.
2000 130482.
2000 131009.
2000 131419.
2000 131590.
2000 131647.
2000 131607.
2000 131528.
2000 131723.
2000 131789.
2000 131842.
2000 131878.
2001 132167.
2001 132303.
2001 132250.
2001 132027.

economagic.com

It sure won't help having 700-800,000 people lose their jobs since December, but someone needs to put this in perspective. The "American consumer" still has a job and will probably keep that job for the foreseeable future.

Lies, damned lies and statistics.
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