Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Raymond Duray who wrote (15032)	2/14/2002 3:34:35 PM
From: AC Flyer	Read Replies (2) of 74559

Ray: You need to read a little more carefully. This data refers to FIRST-TIME UNEMPLOYMENT CLAIMS and says nothing about the total number of unemployed. This data is a leading indicator of employment trends in the broad economy. >>The Labor Department said the number of Americans applying for first-time jobless benefits fell by 8,000 to a seasonally adjusted 373,000 in the week ended Feb. 9 from a revised 381,000 the prior week. That was below the 378,000 claims economists in a Reuters poll had forecast.<< The points that you make are either not verifiable (e.g. discouraged and contract workers) or lagging indicators (tax receipts) of employment trends. >>A proper conclusion is that the official "unemployment" figures....are simply fictions.<< Hyperbole.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next