SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Gordon who wrote (296)8/23/2001 1:16:52 PM
From: Ramsey SuRead Replies (6) of 306849
 
Tom,

the unemployment figures are most puzzling right now. Despite tens of thousands layoff announcements, we are still at less than 5% unemployed. Unemployment was over 7% during the recession of the early 90s.

Is this a slower than normal delayed effect or is our labor supply so tight that it is still absorbing the newly laid off workers?

I spent 15 years in my previous life specializing in foreclosures. Technically, we do not even have a recession yet and the Feds have pretty much used up all their monetary tools. It can be really ugly if we really have a recession.

Ramsey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News