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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?

2 posted on 01/09/2004 5:59:59 AM PST by CasearianDaoist
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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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