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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Robert Douglas who wrote (3114)3/30/2004 10:59:58 AM
From: Wyätt Gwyön  Read Replies (2) of 116555
 
but this is the way the numbers have always been counted. Those 70K workers subtracted from the payrolls when they went on strike and so they will add to the payrolls when they return.

still, there is some duplicity here, as the striking workers were never counted as unemployed, even as their temporary replacements were counted as new workers. so the unemployment rate was overstated while they were on strike.
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