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Strategies & Market Trends : Labor Market -- Ignore unavailable to you. Want to Upgrade?

To: flint who wrote (35)	8/1/2003 4:05:09 PM
From: flint	Respond to of 46

"Nonfarm payrolls continued to decline, with 44,000 positions lost in July compared with economists' projections for a 13,000 increase. Adding to the negativity, June nonfarm payrolls were downwardly revised to show a loss of 72,000 jobs compared with the previously reported 30,000." The employment adds did not take off until after the second week. Assuming these 'estimates' are calulated with the scientific methods used on un-employment filing (taking the actual with their estimates and averaging them to come up with next periods estimate) August should blow the estimated numbers away (if the recent momentem stays). Assuming revisions are based on finalising the last weeks numbers vs using the first 2 to 3 weeks and averaging them over the month, I'm guessing the July number will be revised up just as June's was revised down. biz.yahoo.com

To: flint who wrote (35)	8/1/2003 8:12:43 PM
From: flint	Read Replies (1) \| Respond to of 46

7/29/03 Finl Cons Retl Manu TCom Total New 879 40 202 82 48 1,251 Balt 290 54 53 82 24 503 Miam 373 55 75 87 21 611 Detr 179 28 60 81 16 364 Indy 109 17 41 38 5 210 Chic 697 43 193 215 41 1,189 Dnvr 125 9 36 27 7 204 LasV 27 2 15 8 7 59 SanF 346 56 116 52 38 608 Port 5 3 15 3 8 34 LosA 653 81 142 128 44 1,048 Atla 250 23 45 73 29 420 Ralg 38 8 20 9 8 83 Total 3,971 419 1,013 885 296 6,584 flint