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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: flatsville who wrote (3954)2/18/1999 9:00:00 AM
From: J.L. Turner  Read Replies (1) | Respond to of 9818
 
Flatsville,
You can argue all day about specific % of change,however it is without question that if you have a significant drop in GDP you will have a significant increase in unemployment.If the infrastructure fails in other parts of the world in my opinion you are on an deflationary slide.Speaking of infrastructure read this GAO report on the nation's capital:
Think Marion Berry he is responsible for making sure the infrastructure
supporting the federal government is y2k compliant!!
x7.dejanews.com
J.L.T.



To: flatsville who wrote (3954)2/18/1999 2:20:00 PM
From: Ken Salaets  Read Replies (3) | Respond to of 9818
 
>> The question I'm asking is, "What effect will/does a rise or fall in GDP have on the unemployment rate?" Is there in fact an identifiable and recognized relationship?

Yes, and it is significant, but I didn't keep the source info, and I'm looking for that as well. Please let me know, or post it here, if you find it. Thanks!

Ken