Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (132538)	10/4/2001 2:14:24 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

If we take 2 million jobs out of the economy in one year... You do realize that the net job loss in the last two months averaged 111k. It would take a 50% higher net monthly job loss, every month for a year to shed 2 million jobs in a year. I don't know, right off hand, how many we've lost in earlier months this year, but I seriously doubt it was higher than the last two. Even if October is higher because of recent events, I can't see any basis for your suggestion we'll lose 2 million jobs. If we lose that many in one year, then I would agree we've got really big problems. I just doubt it will happen. Bob PS: Gotta like this market. Though I got hit hard after 9/17, I'm now 8% ahead of where I was at the close on 9/10. Panic never pays. :-)