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To: Earlie who wrote (244035)	6/5/2003 12:41:45 AM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

Good Analysis And that's why the market can not go down. Whether it does or not remains to be seen. I tried to bet someone that it would not go down again but I couldn't find any takers at even money.

To: Earlie who wrote (244035)	6/5/2003 6:43:01 AM
From: Terry Maloney	Read Replies (1) \| Respond to of 436258

Earlie, just when I was beginning to think everything would work out ok ... <g> Nice summary!

To: Earlie who wrote (244035)	6/5/2003 8:15:54 AM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 436258

June 5, 2003 Planned Job Cuts Declined in May, Survey Says By BLOOMBERG mployers in the United States announced plans in May to cut 68,623 jobs, the smallest number of intended layoffs in 30 months and a sign that the worst round of job losses may be over, a private survey has found. Planned job cuts were down 53.1 percent from the 146,399 announced in April and down 19.2 percent from the 84,978 announced in May 2002, according to Challenger, Gray & Christmas Inc., a placement firm based in Chicago. It was the fewest since November 2000, four months before the economy fell into recession. Challenger, Gray released its report on Tuesday. "The `missing in action' kick-start that will propel the economy out of the doldrums may be close at hand," said John Challenger, the firm's chief executive. In the previous four months, companies announced plans to lay off 502,194 workers. The slowdown was led by fewer cuts at government and nonprofit agencies. Some of the industries that have led the pack in layoffs over the last few years are showing improvement, according to Challenger. Telecommunications and computer companies announced 54,278 job cuts from January through May, down 67.2 percent from the same period last year. Copyright 2003 The New York Times Company \| Home \| Privacy Policy \| Search \| Corrections \| Help \| Back to Top <<Above all else, lay-offs MUST subside, as with each new wave of lay-offs, the pool of legitimate consumers shrinks. Unemployment is north of 8 million in the US which is a very large number. Has anybody seen any sign that lay-offs are relenting? I have not.>>