[lbo-talk] jobs

[martin]

This job growth seems related to the huge growth in commodities that 
are being piped to the middle east via the reconstruction contracts. 
Not anything to do with tax cuts.

Martin

On May 7, 2004, at 6:26 AM, Doug Henwood wrote:


> Yeah. Official date of trough was Nov 01. Jobs didn't turn positive 
> for nearly two years, and seriosuly positive for more. That's roughly 
> twice as long as the jobless recovery of the early 90s. The bubble 
> that burst in the early 00s was also twice as big (figuratively 
> speaking) as the one that burst in the early 90s.