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Old 04-08-2004, 11:04 AM
Jtyc
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Default Re: "U.S. Jobless Claims Tumble to 328,000"

> You are free to do so. However, the stark fact is that jobs, particulary
> living wage jobs, are not increasing at any dramatic rate. The economy
> is being propped up by artificially low interest rates. If they go up by
> as much as two points, what do you think will happen?


Interest rates do not rise that fast.

> Upswing? Quite a while? Scuse me? So you're saying that all the people
> that lost their jobs in the last four years are back to work,


Unemployment is at 5.7%.

> jobs are being created in addition?


Yes.


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