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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: JeffA who wrote (37297)	5/7/1999 9:19:00 AM
From: gpphantom	Read Replies (1) \| Respond to of 90042

Hi Jeff, The "good job number" news this morning was that new jobs came in lower than expected and unemployment was higher than expected. The theory is that demand spawns inflation and high employment creates demand. In other words, no inflation if unemployment is high. Since we came in weaker with today's numbers, it took a little pressure of the inflation concern. Hope this helps

To: JeffA who wrote (37297)	5/7/1999 9:20:00 AM
From: kathyh	Respond to of 90042

i am not the person to ask for sure, but i will share my very limited understanding... by good jobs numbers, i mean unemployment rose a tiny bit, which is viewed as good because lower unemployment = higher wages = higher inflation = higher interest rates... conversely higher unemployment = lower wages lower inflation = less chance of interest rates rising... payrolls did not increase quite as much as expected, (234K vs. 250K expected) and hourly wages increased less than expected, too... (.02 cents vs. .03 expected). in addition, unemployment rate up to 4.3% from 4.2 %... all very tiny changes, but seemingly positive... anyone who actually knows what they are talking about on this feel free to jump in and correct me... <ggg>