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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: nextrade! who wrote (223147)10/2/2009 9:27:09 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
There was also a big revision to the much-hyped July figures (with much bigger losses than previously reported).

The soylent green shoots crowd is taking one in the neck today.



To: nextrade! who wrote (223147)10/2/2009 9:49:04 AM
From: Les HRead Replies (1) | Respond to of 306849
 
"That's a loss of 995,000 jobs, not 263,000, and the labor force contracted by 1,262,000 people!"

917,000 of those jobs were for kids aged 16-19. It essentially reverses the roughly 1 million jobs that were added in May. It also indicates that there's no jobs for recent college graduates.

bls.gov


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