Temat: CIEKAWOSTKI Z RYNKU I GOSPODARKI
Yes, it's a Jobs Jamboree Friday, and here's the skinny on what I see happening today... First of all, you've just gotta love the way the Bureau of Labor Statistics (BLS) now breaks out the "private payrolls" from the overall figure, so that people can see the census workers getting cut... Just think back when all those census workers were being added, there was no "breaking out" of those numbers... No way! The BLS, Gov't and media happily talked about all the "jobs that were being created"... Disgusting I know, but it's a Friday before a Holiday Weekend, so I'm going to leave that laying right there...
So... Here's what I see... The Overall number of jobs lost in August will total -100,000... But when the "private payrolls" are broken out, we see that the U.S. probably created around 40,000 jobs... And the Unemployment rate will probably tick up .1 to 9.6%...
Let's accentuate the positive here... And say, YAHOO for the 40,000 jobs
created, right? Yes, we should... However, 40,000 isn't anywhere close to the number of jobs that need to be created to sustain a strong or recovering economy... So... How will the markets view this report, for that, my friends is the rubber hitting the road this morning.