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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (11123)4/2/2004 3:10:38 AM
From: Haim R. Branisteanu  Read Replies (4) of 110194
 
Interesting that the media is low-balling the employment numbers to prepare the market for a "surprise".

As some one asked in this tread who is "they" this is a great example of those feeding the media with those 100,000 to 120,000 new jobs.

This number is a quite bad number as the US population grows at about 1% a year and as such to keep the percentage of workforce constant to population growth each month the US must add around 200,000 new jobs each month.

BTW what is the average jobs generation for the last 6 months? or has the US population started to dwindle?

On the same basis EZ population is growing very little and therefore the EZ must not generate same amount of jobs every month.

What is interesting that "they" do not feed the media with those facts as it will against the interest of WS, Money Center Banks and the present US administration.

As a matter of fact it is proven now that low interest rates over a long period of time do not generate new jobs and only hurt those not engaged in speculation and holding on to their savings.
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