Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (1010)	2/7/2003 8:41:41 AM
From: Softechie	Respond to of 11447

Take a look at last month revised number from -101K to -156K...that's a large miss of 50%! How can it be right this time? They must have a newbie working...

To: LTK007 who wrote (1010)	2/7/2003 8:42:47 AM
From: Oral Roberts	Read Replies (2) \| Respond to of 11447

They were saving us at the edge of the abyss all week. It does not surprise me that we have a better number to try and ramp from. They need badly to get us away from the edge. And with an awful lot of people short this could really get squeezy and give them their wish. They can't change the overall path though. We've already seen our highs for 2003 IMO.

To: LTK007 who wrote (1010)	2/7/2003 9:15:24 AM
From: Steve Lee	Read Replies (2) \| Respond to of 11447

It's a seasonally adjusted figure. The seasonal adjustment assumes that extra staff, especially in retail, are hired for the christmas period. In then assumes that those extra staff, are laid off after christmas. The christmas hiring didn't happen, so now the expected level of layoffs didn't happen either. Hence the seasonally adjusted increase in jobs, especially retail.