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To: Charles Tutt who wrote (47732)3/8/2002 10:42:22 AM
From: Steve Lee  Respond to of 64865
 
I gave you a link to the spreadsheet that showed the real GDP numbers. It was on the Dept of Commerce's website. I even worked out the increase between quarters and annualised it for you. What more do you want?

Anyway, here's some more phony data for you:

"Most of the gains in payrolls came in the retail sector, which added 58,000 jobs. However, "we suggest caution in interpreting that figure as a sign of strength in the industry," said Lois Orr, acting commissioner of the Bureau of Labor Statistics.

Because the retail sector did not add workers as usual for the holiday season, it also didn't lay them off in January and February, Orr explained. The low number of layoffs in the first two months of the year showed up as increases when the figures were adjusted.

She suggested looking at the longer trend in the sector, which shows a loss of 142,000 since July."