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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (1032)6/7/2002 8:29:42 AM
From: Proud_Infidel  Respond to of 25522
 
Friday June 7, 7:28 am Eastern Time
Taiwan Semicon Manufacturing,United Micro To Hire 6,500 Staff In '02

TAIPEI -(Dow Jones)- Chip foundries Taiwan Semiconductor Manufacturing Co . ( TSM) and United Microelectronics (NYSE: UMC - News) Corp. (UMC) said on Friday they plan to hire a combined 6,500 new employees in 2002.

TSMC, the world's largest pure chip foundry, said it expects to hire an additional 3500 people this year, of which two thirds would be engineering and management staff, a company official said. The rest will work on the foundry's production lines.

biz.yahoo.com



To: Gottfried who wrote (1032)6/7/2002 9:01:54 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
I can only assume that my last two posts will be ignored by the market today. It will be too busy looking BACKWARDS, at weakness in Europe which contributed to low numbers for INTC's current Q which ENDS IN 3 WEEKS.

Unemployment Rate Falls Unexpectedly

Jun 7 8:35am ET

WASHINGTON (Reuters) - The U.S. unemployment rate fell unexpectedly in May to 5.8 percent, the government said on Friday in a sign the downtrodden labor market may be starting to catch up with the recovery in the broader economy.

The two-tenths of a percentage point drop in the jobless rate -- which defied expectations the rate would edge higher -- came even as payroll employment data showed that businesses remained wary of hiring aggressively.

The Labor Department said the number of workers on U.S. payrolls outside the farm sector grew by 41,000, the biggest gain in 15 months but still smaller than the 58,000 increase forecast by private economists.