Tomorrows job report will be bad (user search)
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  Tomorrows job report will be bad (search mode)
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Author Topic: Tomorrows job report will be bad  (Read 2629 times)
Mr.Phips
Junior Chimp
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Posts: 8,548


« on: July 01, 2010, 10:43:16 PM »

Who knows what the jobs number is going to be and how accurate the numbers are (after the various fudging games)?  The jobs number is always a lagging indicator anyways (though it can be leading in certain situations in credit-based recessions/depressions such as the present).


It is often a coincident indicator.  A monthly loss of jobs after there are steady jobs gains usually means a recession has started.  This was the case in December 2007, February 2001, June 1990, May 1981, and January 1980.  Its almost like clockwork.  If June is a negative number, it will likely mean that a recession began in June or will in the next couple months.
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