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Politics : DON'T START THE WAR -- Ignore unavailable to you. Want to Upgrade?


To: Tadsamillionaire who wrote (6186)2/7/2003 10:40:57 AM
From: zonder  Respond to of 25898
 
Just pointing out that the report SAYS it is not comparable to earlier months.

those people in the Clown free Zone are the same shorters that helped bring you the present Economic situation we are in now.

I would be very interested to hear how you think the "shorters" caused the current economic recession that the US is going through :-)



To: Tadsamillionaire who wrote (6186)2/7/2003 10:46:39 AM
From: LPS5  Read Replies (1) | Respond to of 25898
 
[T]he same shorters that helped bring you the present Economic situation we are in now.

Yeah? How's that?

LPS5



To: Tadsamillionaire who wrote (6186)2/7/2003 10:47:19 AM
From: TigerPaw  Respond to of 25898
 
there was a big rise in seasonally adjusted figures for U.S. nonfarm payrolls in January because retailers hired fewer people for the holiday season and therefore laid off fewer than usual at the start of the year.

forbes.com

This report is just a confirmation that the holiday season was a disaster for retail and restaurants. This is "seasonally adjusted" figues which just means that a year ago some people still got hired for the holidays, and this year they didn't get those jobs. It's hard to find the good news in idea that there is nobody left to lay off and the businesses are still losing.

You're going into the new year expecting layoffs but there weren't any people to lay off," Tom Nardone, chief of the Division of Labor Statistics, told Reuters.

Much of the January employment swing was in a category the department calls "eating and drinking establishments" -- essentially restaurants and bars -- but other retailers like department stores and miscellaneous businesses like toy sellers also showed employment gains.

TP



To: Tadsamillionaire who wrote (6186)2/7/2003 1:51:12 PM
From: zonder  Respond to of 25898
 
Another comment from those darn short-sellers:

government, health care, and child care/schools added 600,000 jobs the rest of the economy, which supports these jobs with their taxes, lost 1.2 million jobs table A-10 and B-1

bls.gov