To: dawn53
They 1000 are net new jobs, which they should stress in articles. So if Company A lays of 10 while Company B hires 11 that's a +1 net job growth.
Also keep in mind that we have to add around 120k new net jobs a month just to keep up with the increase in the labor pool. So while a +1000 number is incredibly bad, keep in mind that means 119k couldn't find a job.
9 posted on
01/10/2004 3:02:09 AM PST by
lelio
To: lelio
Thanks for the explanation.
14 posted on
01/10/2004 3:26:58 AM PST by
dawn53
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