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Non-Tech : The Dazzling and New Women of SI Thread -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (137)4/6/2002 9:47:52 AM
From: Kirk Messmer  Read Replies (1) | Respond to of 228
 
The nonfarm payroll number does not reflect the people who can now reapply for benefits. It reflects jobs, up or down. The initial jobless claims, released earlier in the week, do include reapplications.

I have to correct an earlier error. The revision to the February number, plus the March number, do not mean we lost 10k jobs since January 31; it means we have 10k fewer jobs at March 31 than we thought we had (and the market priced in) at February 28. It's still not great job growth.



To: jlallen who wrote (137)4/8/2002 9:23:33 AM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 228
 
actully I tried to find the criteria they use for the Employment Report numbers and couldn't find it

anyone have it?

pre-market:

9:15AM: The pre-market indicators suggest a tough start to the week for the market with the oil export suspension by Iraq and the IBM warning weighing. The S&P 500 futures closed 11.4 points below fair value, the Nasdaq 100 futures are 24.5 points below fair value while the Dow futures are off 155 points. Not all the news has been bearish, however, as a number of company's have issued positive guidance (SPAR, KCP, TSA, INTU). Also in the bullish camp are the WSJ story concerning a faster than expected rebound in the lodging industry; Bear Stearns upgraded BAC, raised estimates on ONE; SCMR upgraded by Lehman; and LIN upgraded by CSFB.