The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (11903)	7/30/2003 6:05:11 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

<<We are bleeding jobs to India/China like no tomorrow.>> Yes, and not just tech jobs, either: story.news.yahoo.com Pillowtex Corp., (OTC BB:PWTX.OB - news) a major home fashions manufacturer, said on Wednesday said it closed its 16 plants and terminated 6,450 workers, the latest corporate victim in a textile industry slammed by foreign competition and overcapacity. 6450 pink slips, eh? But of course, Elaine Chao will tell us on Friday that "unemployment always increases during recover!"......

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