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Charles
 
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Default ( OT ) Jobless rate at 20-year high



WaIIy wrote:

On Thu, 4 Mar 2004 07:23:26 -0500 (EST), "Harry Krause"
wrote:


The unemployment rate in the six-county Rochester area jumped to 7
percent, representing about 39,600 people looking for work, according to
statistics released Wednesday by the state Department of Labor.


Gee, Rochester is a one industry town. Kodak was slow to respond and is
going down the ****ter.
I'm surprised the rate isn't 40% there.


Precisely. I have a friend who works for Fuji and he says Kodak did not
think digital photography would have the impact it has, and did not
aggressively pursue it.

You can't blame Bush for poor corporate decisions. Kodak missed the boat
and has let its competition pass it by.

-- Charlie