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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (43500)	12/5/2008 1:07:55 PM
From: Don Earl	1 Recommendation Read Replies (1) \| Respond to of 217708

It's also worth noting that these job loss numbers are coming at a time when retailers are typically hiring any warm body that walks in off the street for temporary Christmas help. That usually starts to kick in around the middle of November. Even in a bad job market, you'd expect to see a temporary reprieve going from about mid November to mid January - 6 weeks of peak selling, followed by 2 weeks of mass returns. You have to have extra employees to handle the traffic. As grim as the numbers look right now, they will be double grim by the end of January when the Christmas help gets kicked to the back of the unemployment lines. It also seems likely the number of presents returned will be unusually high as the unemployed multitudes decide they need a few bucks to pay the rent more than they need a new sweater.