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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (1221)	2/24/2001 8:39:18 PM
From: Ahda	Respond to of 24758

latimes.com Saturday, February 24, 2001 \| Print this story 'Follow the Money,' Wall Street's Never-Ending Game Here's how it is supposed to work. The more often Greenspan chops away at interest rates, the less attractive the payout on money funds, and the better the odds that cash will go into stocks as investors become disenchanted with the money funds' poorer return. latimes.com State Jobless Figures Defy National Trend By STUART SILVERSTEIN, Times Staff Writer California's unemployment rate dipped to its lowest level in more than three decades last month, an apparent show of economic strength that defied the nation's slowdown and the state's energy crunch. The jobless level fell to 4.5% in January, down from a revised 4.7% in December. Officials also announced Friday that California in 2000 gained more than half a million jobs, the best yearlong performance since 1978, according to the state's annual reassessment of employment figures. But not all of the economic news was good. In Los Angeles County, which never enjoyed a boom rivaling the Bay Area's surge since the late 1990s, unemployment edged up to 5.2% in January, from a revised 5.1% the month before. What's more, a separate employment survey that normally is one of the most trusted state economic measures showed a big loss of 50,200 jobs in January. Most analysts discounted that report, however, maintaining that last month's figures were skewed by quirks in government techniques for calculating job totals. Boy am i confused after reading this who's figures do you use?