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whattheidonot Donating Member (301 posts) Send PM | Profile | Ignore Fri Mar-04-11 01:59 PM
Response to Original message
9. jobs report
Edited on Fri Mar-04-11 02:01 PM by whattheidonot
the jobs report is based on first time claims to unemployment compensation. it does say how many are on unemployment or how many are off unemployment totally and not working. So if everybody is on unemployment already the report would be fantastic. The jobs report , like Wall street results are not good measures. Prices are up, wages are not keeping up, spending on non essentials is way down. savings are nowhere. A slow economy. The less people are working and the less they make the better for Wall Street. Profits go up
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