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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (14131)	10/2/2003 7:21:18 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

The programming jobs are probably still around, but maybe they don't exist in certain areas of California, from which most of the complaints on this thread about the job market and real estate market are emanating. Just finished reading a story in my local community newspaper comparing unemployment rates in certain areas of the country. According to this story: Atlanta---------- 4.5 percent Los Angeles------- 6.1 percent San Jose------- 8 percent New York City------ 7 percent My county outside Wash DC -------- 2.1 percent (which is twice what it was two years ago) (When comparing unemployment rates, always take into consideration that "some" unemployment exists everywhere, that a rate of a couple-to-several percent is considered "full employment" (maybe worthwhile to check Bureau of Labor Statistics website for current definition), and that the "unemployed" are counted as people actively looking for work. It does not include self-employed people and those not actively seeking work.

To: bentway who wrote (14131)	10/2/2003 8:29:36 PM
From: John Chen	Read Replies (2) \| Respond to of 306849

Chris,re:"dis-incentive". Is that a JOKE? Do you know how many, many, many Indians, Chinese, .... the up and coming country out there ready to work for 1/10, 1/100 of US pay? Once the snowball started, it will mow down anyone in the path. That's why Bush started the war, to create jobs.