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

To: advocatedevil who wrote (56610)	11/30/2001 1:07:25 AM
From: advocatedevil	Respond to of 70976

Jobs and Debt... _________________________ "Tokyo stocks weaken by midday, Enron woes weigh" snip: Japan's financial system was already reeling from heightened credit risks due to a series of corporate failures on the domestic front this month. Another factor capping the topside was Japanese jobs data, released early Friday morning, which showed the unemployment rate rose to a record 5.4 percent in October. biz.yahoo.com _________________________ "Hong Kong Feels Economic Pinch - People of Hong Kong Feel Pinch of Recession With Unemployment on the Rise" snip: The key travel and export sectors are getting hammered, and unemployment is on the rise, with joblessness standing at 5.5 percent for the three months ending Oct. 31, an uncomfortably high figure for this formerly bustling financial hub where many used to take rapid growth for granted. It seems unlikely that Hong Kong stands much of a chance of bouncing back before the United States can resume economic growth, and that's a hard one to call in the midst of the terrorism crisis. biz.yahoo.com _________________________ BTW, Enron has over 20,000 employees. After Enron files BK, I imagine we'll have another large group to add to the list of unemployed. AdvocateDevil