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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Cogito Ergo Sum who wrote (11350)9/3/2004 12:56:59 AM
From: Haim R. Branisteanu  Read Replies (1) of 116555
 
IMHO it will come as expected (more or less) which is quite bad news. JUst to maintain steady unemployment the economy must generate over 200,000 jobs based on population growth of about 0.9% a year contrary to Europe mostly Germany Benelux and Italy
were population growth is close to ZERO.

Any number below 200,000 is a soft employment market. Expectation are low and I think that the market is bracing for a weak #.

My speculation is that the Birth/Death numbers will weight heavily to increase the new jobs # this month and next
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