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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (5574)	1/28/2000 7:37:00 PM
From: Lee	Respond to of 24042

Crooked1,..Re:.employment #'s don't make sense as calculated anymore. Labor in the U.S. gets tight, we produce in Mexico. Textiles and other similar industrial jobs have been outsourced overseas for years, part of why our imports are soaring. The remaining jobs, high tech, financial, and services jobs can't be outsourced. From the December employment report, the following new jobs were created. The site also has historical data and if you dig deeply enough you can find out that the pool of available bodies looking to work has markedly shrunk. ******************************************************************* stats.bls.gov Employment rose in December, and the unemployment rate was unchanged at 4.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Nonfarm payroll employment increased by 315,000. The services industry added 109,000 jobs in December. Engineering and management services added 23,000 jobs. Health services employment grew by 16,000 in December, the second consecutive month with an above-average increase for the industry. Employment in retail trade rose by 65,000 in December. Transportation and public utilities added 32,000 jobs in December, twice the average for the prior 12 months. Finance, insurance, and real estate added 12,000 jobs in December, mostly in finance. Employment in government rose by 64,000 in December, after seasonal adjustment. In the goods-producing sector, construction employment rose by 16,000 in December, following a much larger gain in November. In December, for the second straight month, manufacturing employment was little changed. Over the year, manufacturing lost 248,000 jobs, with most of the decline occurring during the first half of the year. ******************************************************************** We still have manufacturing capacity but the jobs being created are primarily not manufacturing. stls.frb.org Cheers, Lee