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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (16198)	1/9/2009 8:53:38 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71455

Sick... somebody got a kwick bumbum today...dollar gaining? Numbers look doctored - december job losses at 524000; some dealers talked 600k Total 2008 job loss: 2.6 million David Goldman, CNNMoney.com staff writer Friday January 9, 2009, 8:34 am EST Yahoo! Buzz Print Yet another sobering government labor report released Friday showed the economy lost 524,000 jobs in December, bringing 2008's total job loss to 2.6 million. Last year's steep drop in employment marked the highest yearly job-loss total since 1945. Economists surveyed by Briefing.com had forecast a loss of 525,000 jobs in the month. According to the Labor Department's monthly jobs report, the unemployment rate rose to 7.2% last month from 6.7% in November and higher than economists' forecasts of 7%. The unemployment rate, which is compiled in a separate survey from the payroll number, was at its highest level since January 1993. The vast majority - 1.9 million - of last year's job losses came in the final four months of 2008, after the credit crisis began in September. November's job loss was revised up to 584,000 from 533,000, and October was revised up to 423,000.