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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (3472)4/2/2004 6:27:09 PM
From: Jim Willie CB  Read Replies (2) of 116555
 
if GDP is over x%, then BLS adds 50,000 jobs each month
from assumed small business job creation
in good expanding times, this is legitimate

given the outsourcing acceleration, it is not valid

last May, there was a backward downward revision of 250,000 jobs from small business which never materialized
the markets did not care
maybe they will care this spring

/ jim
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