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View Diary: GDP Up Again; Job Growth Will Continue to Strengthen (110 comments)

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  •  It was reported yesterday that the growth (1+ / 0-)
    Recommended by:
    Brooke In Seattle

    in employment and manufacturing being reported was, for the most part, inventory replacement.

    Businesses began selling off their inventories and laying off workers a couple years ago when the labor force was losing jobs at a rate that eventually rose to over 700,000 per month.  Now that those inventories have been sold down,  businesses are hiring workers to build those inventories back up.

    So what happens when inventories are restored?  Another round of layoffs, unless demand increases to keep the inventories moving.  

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Fri Apr 30, 2010 at 07:49:41 AM PDT

    [ Parent ]

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