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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Haim R. Branisteanu who wrote (71992)1/9/2010 4:05:37 AM
From: Haim R. Branisteanu3 Recommendations  Read Replies (2) of 74559
 
It is unbelievable how bad the employment report actually is

Labor Force declined by 661K
Not in Labor Force increased by 843K

U-6 is above 17.3% one in six people that can/wants work does not have a job!!!! (higher than in September 2009)and close to 4% above Dec 2008 -

... and the birth/death model added over 2009 substantially more jobs to the report than 2008 when bankruptcies where much lower
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