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

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To: Knighty Tin who wrote (13115)10/8/2004 9:53:46 AM
From: mishedlo  Read Replies (1) of 116555
 
Economist Robert Brusca calls Sept job data ´terrible´
Friday, October 8, 2004 1:15:13 PM
fxstreet.com

Economist Robert Brusca calls Sept job data 'terrible' WASHINGTON (AFX) -- The September nonfarm payroll data are "terrible" with an increase in govermment jobs masking underlying weakness in job growth, said Robert Brusca, chief economist at FAO Economics. Although headline nonfarm payroll jobs grew by 96,000 in September, private sector employment only increased by 59,000 in September. "We've had a number of false recoveries in this recovery and could this be another one and shouldn't we be more cautious and worried," Brusca said
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Pathetic, Pathetic, Pathetic.
The only things that have grown under this administration are
1) terrorism
2) the deficit
3) more govt jobs

If you want more of the same then vote for Bush
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