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To: Lizzie Tudor who wrote (65373)	4/1/2004 2:09:39 PM
From: JakeStraw	Respond to of 77400

>>productivity is not really growing Jake Really? Care to provide some data to back that claim.

To: Lizzie Tudor who wrote (65373)	4/1/2004 2:41:42 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 77400

since I posted yesterday's midwest report PR which was negative on jobs, just for balance I am posting this one today which is much more positive. This is what the markets want. We have to have more jobs than last month and after 6 months of nothing is it too much to ask for 100K jobs? I don't know. Steel is an industry coming back due to inflation and China sucking up all supply. Inflation a double edge sword of course. The employment component of ISM's nationwide manufacturing survey shot up last month, confounding expectations of a pull-back. A separate Labor Department report said new claims for unemployment benefits slipped last week, adding to hopes that Friday's March employment report will show employers are finally hiring. biz.yahoo.com