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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (49692)5/9/2004 8:09:45 AM
From: sciAticA errAticA  Read Replies (2) of 74559
 
How many new jobs really?

Greetings Jay,

You'll enjoy this -

How many of the 288,000 rise in payrolls from last week's (April's) report came from a statistical extrapolation of the birth/death model (also known as the plug factor) rather than a tangible increase in the job head count?

270,000 of 288,000.

Message 20107499

LOL!

Best, Ben
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