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To: James Strauss who wrote (9629)9/4/2001 1:24:23 PM
From: Catfish  Read Replies (1) | Respond to of 13094
 
Regarding stealth employment pool and data from DC: Yes, the numbers are skewed. Remember, they keep changing the qualifications to be included in the current data. If an individual has been unemployed for longer than six months, they no longer count in the data. I think the criteria for data inclusion (or exclusion) has changed and it keeps changing depending on what picture is being painted for public consumption.

I know others who are currently 'on the beach' at home. Some of these will be washed out of the IT/Consulting sector due to a lack of demand. The year 2000 crisis created a bubble in the consulting sector. Now, it is difficult for companies to hire them in the face of lay offs and losses. A better economy is needed to fix the problem.



To: James Strauss who wrote (9629)9/4/2001 6:09:03 PM
From: Warthog  Read Replies (2) | Respond to of 13094
 
Hi James,

Yes, the unemployment numbers are very bogus.

Goto a Hi-tech job fair. I went to one in Dallas in
late July. About 500 people lined up for each supposed
job opening. About one half the jobs openings were at
Lockheed...they were contigent on the defense budget...
which may be delayed in congress.

wart