From 1998 to 2007, total non-farm payroll employment [in the U.S.] rose 12 million, and unemployment averaged only 4.9 percent -- despite the 4 million lost factory jobs. In that period, U.S. manufacturing output rose 22 percent.
Wednesday, April 16, 2008
Is the US economy overdue for some cooler consolidation?
It's had a great run:
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