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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: UnBelievable who wrote (101192)5/10/2001 10:25:42 AM
From: Perspective  Read Replies (1) of 436258
 
I find it curious that NC is seeing some of the biggest increases in jobless. Notice the industries impacted:

The Labor Department said North Carolina saw the biggest increase in unemployment benefit claims during the April 28 week, with a rise of 9,020 jobs. It attributed the increase to layoffs in the textile, furniture, transportation and computer equipment industries. Michigan had the second highest increase in benefit claims, with a 5,040 rise attributed to auto industry layoffs.

New York registered the biggest fall in new claims with a 10,536 drop attributed to fewer layoffs in the educational services industry. In New York, school workers are allowed to claim benefits during spring break.

Textile, furniture, transportation - further evidence that the weakness in the economy, while centered in tech, has spread everywhere.

These are slow-time-constant events (those with a EE background will understand), which makes it an incredibly agonizing wait for those who are willing to see the reality and fight the rosy-scenario sellers.

BC
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