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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Alan Whirlwind who wrote (15102)8/12/2002 3:49:54 PM
From: Ahda  Read Replies (1) | Respond to of 82430
 
The difficulty in heavy government cost is that government is paid for by the public.when public growth contracts who is going to pay for government?

dof.ca.gov

Losses in electronics made manufacturing the leading job loser in July—dropping 9,900 jobs for its 18th consecutive month-over-month loss. Stagnating building activity led construction industries to shed 4,300 jobs in July.

Compared to a year ago, industry employment in California was down 35,500 (or 0.2 percent) in July. Continuing weakness in the high technology sector led manufacturing employment to fall by 83,000 over the year. Transportation and public utilities lost over 30,000 jobs.


Government was again the year-over-year job growth leader. Since July 2001, the public sector has added nearly 74,800 jobs, with the great majority in local public schools.

Following surging sales in April and May, statewide sales of single-family homes plunged almost 14 percent in June. This represents a small 1.4 percent year-over-year gain, but is a significant reduction from the 20+ percent gains made in both of the preceding two months. Despite this drop in demand, the median price of single-family homes sold in June, $324,000, was still 21.5 percent above the median reached a year ago.