RE: [CANSLIM] Unemployment down, Job losses up?

From: "Kelly Short" <kelly.short@fw.us.neoris.com>
Subject: RE: [CANSLIM] Unemployment down, Job losses up?
Date: Fri, 1 Aug 2003 14:08:50 -0500
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Mike and Charley,
=20
Many thanks for the detailed explanation. I figured it had to be =
something with the way the number was calculated (as with any government =
figure). Either way, it certainly had it's way with M today.
=20
Kelly

- -----Original Message-----
From: Mike Gibbons [mailto:mike@proactech.com]
Sent: Friday, August 01, 2003 1:39 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Unemployment down, Job losses up?


Hi Charley,=20
=20
Yes I saw that report too. Disturbing wasn't it?.=20
=20
To answer Kelly's question, economists explain the gap through increased =
productivity. This allows output to increase with the same or fewer =
number of employed. During a recession there is usually surplus capacity =
left over from the previous boom. As the recovery takes hold this =
surplus capacity is utilized before new investment and hiring takes =
place. So it's also quite normal for employment to lag increasing output =
at the beginning of a recovery as the the slack in surplus capacity is =
taken up.
=20
Aloha,
=20
Mike Gibbons
http://www.proactech.com <http://www.proactech.com/>=20

- -----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Chazmoore@aol.com
Sent: Friday, August 01, 2003 6:17 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Unemployment down, Job losses up?


Kelly: There are those, usually the unskilled, who stop looking for work =
after a certain period of time. They are no longer considered part of =
the work force and thus excluded from the unemployment rate. The problem =
is particularly acute in areas like Chicago where some estimate that as =
many as 35% of young blacks are unemployed.=20
Some put our actual unemployment rate now closed to 10% than 6%.=20

Charley=20


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<BODY>
<DIV><SPAN class=3D533590719-01082003><FONT face=3DArial color=3D#0000ff =
size=3D2>Mike=20
and Charley,</FONT></SPAN></DIV>
<DIV><SPAN class=3D533590719-01082003><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D533590719-01082003><FONT face=3DArial color=3D#0000ff =
size=3D2>Many=20
thanks for the detailed explanation. I figured it had to be something =
with the=20
way the number was calculated (as with any government figure). Either =
way, it=20
certainly had it's way with M today.</FONT></SPAN></DIV>
<DIV><SPAN class=3D533590719-01082003><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D533590719-01082003><FONT face=3DArial color=3D#0000ff =

size=3D2>Kelly</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B> Mike Gibbons=20
  [mailto:mike@proactech.com]<BR><B>Sent:</B> Friday, August 01, 2003 =
1:39=20
  PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> RE: =
[CANSLIM]=20
  Unemployment down, Job losses up?<BR><BR></FONT></DIV>
  <DIV><SPAN class=3D093282918-01082003><FONT face=3DTahoma =
color=3D#000080 size=3D2>Hi=20
  Charley, </FONT></SPAN></DIV>
  <DIV><SPAN class=3D093282918-01082003><FONT face=3DTahoma =
color=3D#000080=20
  size=3D2></FONT></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D093282918-01082003><FONT face=3DTahoma =
color=3D#000080 size=3D2>Yes=20
  I saw that report too. Disturbing wasn't it?. </FONT></SPAN></DIV>
  <DIV><SPAN class=3D093282918-01082003><FONT face=3DTahoma =
color=3D#000080=20
  size=3D2></FONT></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D093282918-01082003><FONT face=3DTahoma =
color=3D#000080 size=3D2>To=20
  answer Kelly's question, economists explain the gap through increased=20
  productivity. This allows output to increase with the same or fewer =
number of=20
  employed. During a recession there is usually surplus capacity left =
over from=20
  the previous boom. As the recovery takes hold this surplus capacity is =

  utilized before new investment and hiring takes place. So it's also =
quite=20
  normal for employment to lag increasing output at the beginning of a =
recovery=20
  as the the slack in surplus capacity is taken up.</FONT></SPAN></DIV>
  <DIV><FONT face=3DTahoma color=3D#000080 size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Aloha,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Mike =
Gibbons</FONT></DIV>
  <DIV><FONT face=3DTahoma color=3D#000080 size=3D2><A=20
  =
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></D=
IV>
  <BLOCKQUOTE>
    <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
    size=3D2>-----Original Message-----<BR><B>From:</B>=20
    owner-canslim@lists.xmission.com=20
    [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20
    </B>Chazmoore@aol.com<BR><B>Sent:</B> Friday, August 01, 2003 6:17=20
    AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM]=20
    Unemployment down, Job losses up?<BR><BR></FONT></DIV><FONT=20
    face=3Darial,helvetica><FONT size=3D2>Kelly: There are those, =
usually the=20
    unskilled, who stop looking for work after a certain period of time. =
They=20
    are no longer considered part of the work force and thus excluded =
from the=20
    unemployment rate. The problem is particularly acute in areas like =
Chicago=20
    where some estimate that as many as 35% of young blacks are =
unemployed.=20
    <BR>Some put our actual unemployment rate now closed to 10% than 6%. =

    <BR><BR>Charley</FONT> =
</FONT></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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