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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (201538)11/1/2002 11:26:04 AM
From: reaper  Read Replies (1) of 436258
 
OK, so if i am reading this employment report correctly:

total employment down <5k>
public sector (gov't) employment +24k
mortgage banks and real estate employment +26k

so excluding the gov't and real estate, employment was minus <55k>.

of course, that's OK since as we all know the government and real estate are hugely productive industries that will massively grow economic value and wealth in this country.

oh, and real estate adds 26k jobs while making stuff (manufacturing) sheds over <25k> and manufacturing hours worked are down almost <1%>. clearly there is no real estate bubble.

Cheers
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