Will Friday's data show job gains in December? (user search)
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  Will Friday's data show job gains in December? (search mode)
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Author Topic: Will Friday's data show job gains in December?  (Read 3262 times)
Southern Senator North Carolina Yankee
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« on: January 06, 2010, 08:00:51 PM »

Well the Private group that said we lost 150,000 jobs in November said we lost 80,000 in December. So its possible considering the Gov't report showed only 11,000 jobs lost in Nov that December has positive job growth.
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Southern Senator North Carolina Yankee
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« Reply #1 on: January 07, 2010, 11:00:47 PM »
« Edited: January 07, 2010, 11:02:27 PM by Senator North Carolina Yankee, PPT »

http://finance.yahoo.com/news/Unemploymentclaims-data-apf-488031698.html?x=0&sec=topStories&pos=7&asset=&ccode=


More good news on the Unemployement Intial Claims data. Its nearing the 425,000 considered the highest point at which job growth can occur. Also economists expect 8,000 job losses in December however the unemployement rate is expected to raise to 10.1% . And positive growth is expected in the next two to three months. However the Unemployement rate could surge to 10.5% as the "discouraged" workers start looking for work again and add to 10.1% who are still looking and haven't given up.
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Southern Senator North Carolina Yankee
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« Reply #2 on: January 08, 2010, 09:13:17 AM »

Nope 80,000 lost. However we gained 4,000 with revisions in November instead of losing 11,000 but added another 1,000 lost to October.

http://finance.yahoo.com/news/Economy-sheds-85000-jobs-in-rb-3785494434.html?x=0&sec=topStories&pos=main&asset=&ccode=
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Southern Senator North Carolina Yankee
North Carolina Yankee
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« Reply #3 on: January 09, 2010, 03:23:22 PM »

No it would not, quite simply. McCain wouldn't have passed this silly stimulus, and as a result, the markets could be recovering by now.

How exactly did the Stimulus, prevent the markets from recovering?

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