Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: Robert Douglas who wrote (177930)	5/11/2004 5:35:07 PM
From: Lizzie Tudor	Read Replies (1) of 186894

OK, thanks for the clarification. I for one would like it if we had ONE good jobs report that had no statistical anomalies built in. We had the same problem in January, after a few mos of double digit job increases, we got 112K- nothing great but something of a relief. A few days later we discover 100K of those jobs were added back as a "seasonal adjustment". And we know that Goldman has said that the GDP is off by 2 points thanks to the labor dept and treasury counting offshoring as in-USA. It seems to me all this mucking around with jobs estimates comes down to a state of denial on the part of some economists and business leaders wrt the job climate. Jack Welch is my favorite, GE offshored the kitchen sink last year, thousands of GE employees lost their jobs and Welch is on CNN crying about erroneous jobs figures coming out of the government.

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