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Unemployment should not be a market mover in the future


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#1 mcleert

mcleert

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Posted 16 March 2007 - 09:33 PM

If you are retired----pension, social security,disabled, not looking, or (whatever) then you are out of the employment survey done each week. With the mass increase of baby boomers leaving the work force and the demand for replacement of workers steadily decreasing --- then-------( to me) , the unemployment figures released each week is now useless and should not be a market mover. Seems to me the employment survey's will always reflect low unemployment no matter how good or bad the economy is doing due to no counts and ---counts for wokers ----mean nothing.