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Politics : The Obama - Clinton Disaster

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To: Hope Praytochange who wrote (56589)9/4/2011 9:36:10 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (1) of 103300
 
Re: "Bad enough to frighten energy traders into dumping oil futures"

I doubt that such a silly 'reason' would have applied. The big traders are generally a lot smarter than that.

The month-to-month numbers are highly volatile and 'skittery' and apt to bounce all over the place anyway due to technical factors like big revisions, and like (August) the impact of the big telecom strike which caused the removal of 76,000 jobs from the plus column in August's results.

Next month, curiously enough, you will likely see those same 76,000 jobs added back in, plus another 30,000 or so from another strike that just ended... making Sept. seem DISPROPORTIONATELY large, LOL!

(That's why you should only pay attention to the *smoothed* trendlines... the monthlies with all their seasonal statistical revisions and random jerking around will only confuse the issue.)

The main trend though (clear for all year long) has shown a steady growth (but tepid) in PRIVATE SECTOR JOBS while all of the net job losses are coming from over in the PUBLIC SECTOR... what with all those teachers losing their jobs and what-have-you.....
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