Internet + economy = Good News/Bad News

| 4 Comments

Good News
Web firms take second shot at success
Once-struggling dot-coms go through reincarnation

Bad News
State forecasts longer recession
Washington's sputtering economy won't recover fully from its recession until late 2004, forecasters say. As a result, state government eyes a $2 billion budget deficit.

The glum revenue news came on the same day Washington officially became the state with the nation's highest unemployment rate.

The high-tech and telecommunications sectors also have been heavily hit. In all, Washington lost 50,100 jobs between August 2001 and last month, according to the state Employment Security Department.

YEAH! WE ARE NUMBER 1! YEAH! WOOO!

4 Comments


13ยข Bob says it is reason to celebrate.

But they are still doing good at Blockbuster right?

Of course. Nothing makes you feel better after being layed off than renting Collateral Damage.

What about Vanilla Sky?

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This page contains a single entry by Jake published on September 18, 2002 2:05 PM.

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