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Technology Stocks : Intel Corporation (INTC)
INTC 37.24-2.8%Nov 6 3:59 PM EST
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To: steve harris who wrote (177216)3/5/2004 9:39:49 AM
From: GVTucker  Read Replies (3) of 186894
 
Well, you're by yourself then.

It's hard for me to see anything good in the employment report. Forget the unemployment rate or the employment rate. Those numbers are deceptive. Look at the nonfarm payrolls, that number is much more reliable. Up 21K, way below what anyone thought. And if you take out government workers and temps, the number was highly negative. On top of that, the last two months were revised downward.

To quote an email sent to me from an economist immediately after the report, "This report appears to be almost devoid of redeeming features."
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