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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (108415)	6/12/2001 11:49:37 PM
From: Ilaine	Read Replies (2) \| Respond to of 436258

I thought that was kind of weird, too, although she said she was pregnant, which may explain things, e.g., unemployment is voluntary. Nurses are in such short supply - I read this weekend that a hospital association is paying a headhunter a $1 million bonus to get them nurses from overseas - recollection is 65 nurses. Not only nurses but also pharmacists are in high demand. Wish I could buy calls or go long nurses.-ng- Health care industry is more problematic, it's so cut throat.

To: Mark Adams who wrote (108415)	6/12/2001 11:55:05 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<did you notice the person the article profiled was an unemployed nurse?>> Sure. Difficult, frequently thankless and occassionally dangerous work! They didn't give us her entire employment history (ie, is she an LPN? RN? Nurses aide? Any problems at the prior job that "caused" her to, errr, "become unemployed? Sounds like she became pregnant and that may have interfered with her job search.... Too bad nursing "output" can't be "contract manufactured" in Mainland China!!<VBG> I joke, but IMO that's why we don't see as much CPI inflation in the States as we "should". Pricing pressures are asymmetric...where production can be done cheaply overseas using labor not exposed to the effects of kajillions of clownbux sloshing around (ie contract manufacturing of computers in China), then we see deflation of those products. If it relies on resources only available here (ie, domestic labor, as is often the case in health care, legal services, construction, clerical salaries, municipal salaries, teachers salaries, baseball players, et. al) we see inflation. This course of affairs will continue until: a) the dollar sinks, causing inflation of imported goods and those manufactured overseas in addition to domestic, or b) money supply growth slows (yeah, RIGHT!) and we see overt deflation and falling prices worldwide. Heinz's K-winter, as it were....