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

From: "Mike Gibbons" <mike@proactech.com>
Subject: RE: [CANSLIM] Unemployment down, Job losses up?
Date: Fri, 1 Aug 2003 08:38:56 -1000

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Hi Charley,

Yes I saw that report too. Disturbing wasn't it?.

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.

Aloha,

Mike Gibbons
http://www.proactech.com
  -----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.
  Some put our actual unemployment rate now closed to 10% than 6%.

  Charley

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<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 I=20
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=20
before new investment and hiring takes place. So it's also quite normal =
for=20
employment to lag increasing output at the beginning of a recovery as =
the the=20
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 are=20
  no longer considered part of the work force and thus excluded from the =

  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%.=20
  <BR><BR>Charley</FONT> </FONT></BLOCKQUOTE></BODY></HTML>

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