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


To: Lizzie Tudor who wrote (78731)6/2/2007 8:44:37 PM
From: SouthFloridaGuyRead Replies (1) | Respond to of 306849
 
4.6% unemployment rate. Jobless claims sub 300,000 during a "recession" according to the bear clan. 'Nuff said.



To: Lizzie Tudor who wrote (78731)6/3/2007 12:20:28 PM
From: John ChenRespond to of 306849
 
Lizzie,re:"We need something over 150K jobs per month to keep
up". We need more than that, with ALL the assest cost rising
like 'stock, RE', faster than the posted 'inflation index'.
To be sure, the 'inflation index' is '-1000%-' for some people,
while 1000%+ for others.

We don't need students in engineering field. We have plenty in
India, China and any other places that is cheap (too many to
list). Wait until the political system issue is resolved, then
we have unlimited highly talented engineering pool of skilled
labors from China).

There are always 'handyman' kind of jobs for engineer/computer
science. It is not the traditional career jobs.

But to be assured by the gov. and corporation CxOs, for every
job we offshore, 2,3/n high paying jobs are created. So it
is a win-win-win situation when we outsoure all the good paying
jobs.



To: Lizzie Tudor who wrote (78731)6/3/2007 2:38:26 PM
From: George K.Read Replies (2) | Respond to of 306849
 
John Mauldin's piece this week deals with the slowing economy, falling real wages, and employment.

frontlinethoughts.com

I don't trust a lot I read on jobs for two reasons: first too many commentators have shredded the birth/death "air jobs" component and second, what about all the unemployed or underemployed independent contractors out there that aren't on a payroll - particularly in real estate services, small contractors and other sole proprietors.

Geo.