Unemployment drops to 7.8%, labor force up. (user search)
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  Unemployment drops to 7.8%, labor force up. (search mode)
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Author Topic: Unemployment drops to 7.8%, labor force up.  (Read 4529 times)
Sbane
sbane
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« on: October 05, 2012, 07:42:05 AM »
Considering the revisions, this is actually a pretty good jobs report. At first I had thought the drop in unemployment is due to lower labor force participation, but I was pleasantly surprised.
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Sbane
sbane
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« Reply #1 on: October 05, 2012, 07:42:40 AM »
Stocks are going up as well, this is being regarded as a good report.
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Sbane
sbane
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« Reply #2 on: October 05, 2012, 07:46:28 AM »
There was a lot of talk last month about the -368k drop in labor force participation. Well, this month it rose by 418k.
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Sbane
sbane
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« Reply #3 on: October 05, 2012, 07:47:19 AM »
Quote from: Politico on October 05, 2012, 07:46:43 AM
Quote from: Oakvale on October 05, 2012, 07:43:27 AM
Quote from: Politico on October 05, 2012, 07:41:09 AM

Maybe mediocre jobs reports are good news in Europe, but America expects better.

Eh, look past the headline number - it's a pretty solid report.

It's a pretty solid report...if you're clinging to desperation.

Talking of desperation....
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