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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (54833)	10/31/2001 12:35:38 PM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

"Employment Situation Seen Growing Dire" Wednesday October 31, 12:19 pm Eastern Time snips: ...According to the AFL-CIO, 574,123 layoffs have been announced since the attacks in sectors ranging from hospitality and tourism to transport, aggravating a recession already underway in the manufacturing and telecommunications sectors... ...``The aftermath of the terrorist attack is really showing up in (the October) report,'' said Sung Won Sohn, chief economist at Wells Fargo in Minneapolis, forecasting that the economy sheared off 350,000 jobs in October... ...Analysts in a Reuters poll forecast, on average, that the U.S. economy lost 289,000 jobs in October after relinquishing 199,000 in September, boosting the unemployment rate to 5.2 percent from 4.9 percent... Complete article at: biz.yahoo.com AdvocateDevil