To: Pikamax
``The economy is exhibiting tremendous productivity at this point and businesses are slow to rehire,'' said Chris Rupkey, senior financial economist at Bank of Tokyo-Mitsubishi Ltd. in New York, before the report. The statistics ``throw into question the belief that the labor market is close to recovery.'' How long will they be able to maintain the fiction that this "rise in productivity" is not due to shiping factories and jobs overseas?
To: CasearianDaoist
If you have 10 jobs, and ship 5 overseas, how does that result in rising productivity?
6 posted on
01/09/2004 6:10:16 AM PST by
1rudeboy
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