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CA: Ranks of jobless swelling
Sac Bee ^
| 5/3/03
| Sac Bee Staff and wire services
Posted on 05/03/2003 8:50:10 AM PDT by NormsRevenge
Edited on 04/12/2004 5:50:44 PM PDT by Jim Robinson.
[history]
WASHINGTON -- The unemployment rate rose to 6 percent last month, matching an eight-year high, as the deepest jobs slump in almost 20 years continued to worsen.
The economy lost 48,000 jobs in April, the U.S. Labor Department reported Friday, ratcheting up the jobless rate 0.2 percentage points. In the last three months 525,000 jobs have disappeared. Since 1960, every loss of that magnitude has occurred during a recession.
(Excerpt) Read more at sacbee.com ...
TOPICS: Business/Economy; Front Page News; Politics/Elections; US: California
KEYWORDS: jobless; ranks; swelling
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The Obstructionist Party with the assistance of RINOs is winning.
Which means America is losing.
2
posted on
05/03/2003 8:51:50 AM PDT
by
NormsRevenge
(Semper Fi .. Support FRee Republic)
To: NormsRevenge
3
posted on
05/03/2003 9:01:40 AM PDT
by
So Cal Rocket
(God bless the coalition troops and their families)
To: NormsRevenge
End the H1B program. NOW.
4
posted on
05/03/2003 9:09:45 AM PDT
by
Drango
(There are 10 kinds of people in this world. Those that understand binaries, and those that don't.)
To: NormsRevenge
Didn't Ross Perot predict a "sucking sound" of American manufacturing jobs going overseas if NAFTA was passed?
5
posted on
05/03/2003 9:10:59 AM PDT
by
Balto_Boy
To: NormsRevenge
Job opportunities in international business - setting up and running factories and service centers in third world countries...
To: NormsRevenge
Where is that poster who keeps assuring us that California real estate will go up forever?
Tick, tick, tick.
7
posted on
05/03/2003 9:16:21 AM PDT
by
cgbg
To: Balto_Boy
NAFTA never made sense ---while millions of jobs were going to Mexico, millions of Mexicans were coming over here. At the same time our leaders said we didn't need low-skilled jobs they were having millions of low-skilled laborers moving in.
8
posted on
05/03/2003 9:18:00 AM PDT
by
FITZ
To: Drango
Construction, plumbing, electrical and auto mechanics can't be imported - or can they? What if George Brazil Plumber in LA decides to set up "little india" tent city in the Mohave with his
cadre of plumbers from Bangledesh and undercuts the price of plumbing services. It can happen.
To: Fitzcarraldo
Their is a 2.3 unemployment rate (full employment) in Gainsville, FL. What is Florida doing right that California can't?
To: FITZ
So how are tax cuts supposed to help create jobs for Americans, when the products we would buy are made in other countries?
To: Drango
END THE
!@#$%^&* H1-B/L1 PROGRAM NOW !!!!!!!!!
12
posted on
05/03/2003 9:21:34 AM PDT
by
clamper1797
(Per caritate viduaribus orphanibusque sed prime viduaribus)
To: BushCountry
2.3 unemployment rate (full employment) What is the major industry or service in Gainesville, FL?
To: BushCountry
Sorry ... But there not a real big call for gator hunters in Calif.
14
posted on
05/03/2003 9:22:58 AM PDT
by
clamper1797
(Per caritate viduaribus orphanibusque sed prime viduaribus)
To: Fitzcarraldo
Construction, plumbing, electrical and auto mechanics can't be imported - or can they Oh Yeah ??? Can't import retail jobs or cab driver jobs either right ????... but who is it that runs the 7-11's ... and cabs here now a days ???
15
posted on
05/03/2003 9:25:10 AM PDT
by
clamper1797
(Per caritate viduaribus orphanibusque sed prime viduaribus)
To: NormsRevenge
I can't feel too much sympathy for California. For almost a decade they rubbed it in our noses about how great and progressive they were. Look where all that progression got them.
16
posted on
05/03/2003 9:31:39 AM PDT
by
raybbr
To: NormsRevenge
Anyone that knows anything about economics knows unemployment numbers are a lagging indicator of what state the economy is in. If we listen to Democrats, we hear them saying, "If we put people to work, the economy will get better." That's idiotic. Spending money creating government jobs only makes the govenment larger and it does so on the backs of taxpayers and taxpaying corporations that can use the money more efficiently.
To: NormsRevenge
BTW...I didn't see Gray Davis' name mentioned once in this Sacramento Bee article. Curious, no?
To: BushCountry
What is Florida doing right that California can't? A Republican governor?
Comment #20 Removed by Moderator
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