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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (1286)3/5/2004 11:30:01 AM
From: CalculatedRisk  Read Replies (7) of 116555
 
Just to chime in (lp stole my thunder - I was going to point out that all of the new jobs were government jobs!) Good job everyone!

This is far worse than I expected. Not only were zero net public sector jobs created, but January was revised down 15K (all public sector jobs). I didn't see anything in the report that would be encouraging.

Average weekly hours remained the same at 33.8 hours per week. That needs to move up some before there is any significant hiring.

Another "anomaly"! Once again, good job everyone!
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