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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (21485)	7/25/2004 5:19:51 PM
From: Lazarus_Long	Read Replies (1) of 57684

Compared to when? The peak of that Clinton Bubble that you consider a normal economy? You will most likely never see that "normal" economy again in your lifetime. OTOH, lots of companies in the Silicon Valley area are doing nicely. fortune.com The county unemployment rate is 6.2% and has been falling. venturi-staffing.com It's below the state average. AND San Mateo Cunty is at 4.0%. venturi-staffing.com This is non-seasonally adjusted data. It shows Santa Clara County at 7.5%, with a statewide average of 6.1%. HOWEVER, it also shows San Mateo County at 4.7%. Not bad. dss.cahwnet.gov Had you been around this area for any length of time, what is occurring now wouldn't look so unusual to you. There have been plenty of times when good, experienced degreed engineers as well as new graduates couldn't get jobs. Boom and bust is a normal thing in the electronics industry. After the wild insanity of the '90s, a period of bust is simply to be expected.

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