2 replies to this topic

[Insider]

UNBELIEVABLE!

THEY HAVE INCLUDED AS REAL EMPLOYMENTS 317,000 OF THEORICAL EMPLOYMENTS BASED ON STATISTICAL DATA


IN TWO MONTHS THE "MODEL" HAVE CREATED 445,000 OF VIRTUAL EMPLOYMENTS!!

AND TODAY THE HOUSEHOLD SURVEY RELEASE SHOWS -438,000!!!!!!!!!!!!

RECESSION IS UNDERWAY

http://www.bls.gov/web/cesbd.htm

[Tor]

I know, and alsoin any event the seasonality tends to peak at around this time anyway. Recession could be good for stocks however basis fed on pause. I posted on this below.

[arbman]

I am not sure, the ADP and Monster private employment surveys are close to the gov't numbers...

ADP reports +64k increase.

Monster job index is up month over month...