Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (3107)	3/30/2004 9:18:26 AM
From: TH	Read Replies (2) of 116555

mish, "Ian Shepherdson, chief US economist of High Frequency Economics, notes that the end of a supermarket strike in California should add 70,000 to the March payrolls, according to the Bureau of Labor Statistics (BLS). And the end of February’s harsh winter weather could easily create another 50,000 jobs. Adding these figures to an underlying monthly gain of 75,000 leads Mr Shepherdson to predict that Friday’s figures will show 200,000 new payroll jobs. If this prediction is anywhere near right, the markets are in for a major shock since there has not been a single month of payroll growth of over 100,000 since February 2001." timesonline.co.uk Thx TH

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