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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (106211)	1/8/2010 12:02:20 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Why do they think that way? Mish

To: Little Joe who wrote (106211)	1/8/2010 12:02:44 PM
From: mishedlo	5 Recommendations Respond to of 116555

Jobs Contract 24th Straight Month; Unemployment Rate Stays At 10.0% globaleconomicanalysis.blogspot.com So much for ideas that the string of job losses would end this month. And with a massive revision to the Birth/Death model coming up, it might be another 2 months before we see it happen. I would like to point out upfront what a joke the announced unemployment rate is. According to Bernanke himself, it should take 100,000 jobs a month to keep up with the birth rate and immigration. Instead the civilian labor force dropped by 661,000 and those not in the labor force dropped by a whopping 843,00 workers. There are now a whopping 2.5 million people without a job but want one, yet are not counted as unemployed. ... Mish