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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (78744)6/3/2007 3:05:49 PM
From: TradeliteRead Replies (2) of 306849
 
<<Conclusion: we have had ONE year in this decade where our job creation met our 1993 baseline of close to 2.5K jobs per year (2005).>>

What makes 1993 any sort of "baseline"?

The BLS technical note at the bottom of my previous post makes it pretty clear they changed the methodology behind the stats at that time. The BLS figures I posted also make it pretty clear that the U.S. didn't create hundreds of thousands of jobs "every single month" in the 1990s, either.
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