Saturday, February 28, 2004

An interesting comparison

Check out this clash of predictions. A major high-tech executive says that any new jobs in his sector will likely be exported to Asia, while Greenspan claims that there's an imminent "pop" in high tech jobs in America.
Who're you gonna believe? The next Labor Department report, for February job creation, is due in a week and we'll see. Already the predictions are being hedged, suggesting about 100,000 new jobs, fewer even than last month's disappointing 116,000.
Update: January's mass-layoff figures were larger than those of a year ago and were the largest since records have been kept. This is improvement?

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