FORUMS BROKERS SOFTWARE
Home
 
    Forums > Main > Wall St. News > Record 1.2 Million People Fall Out Of Labor Force In One Month


Reply
 
Thread Tools
Old Feb 3rd, 2012, 08:55 AM   #1
THE-BEAKER
 
 
Join Date: Oct 2006
Location: LONDON
Posts: 1,052
and back in the real world -

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low



http://www.zerohedge.com/news/record...-rate-tumbles-
    Quote
Old Feb 3rd, 2012, 08:57 AM   #2
e92335i08
 
 
Join Date: Jan 2012
Location: MI
Posts: 63
Yea, maybe the numbers are a little bit skewed.
    Quote
Old Feb 3rd, 2012, 09:01 AM   #3
JamesL
 
 
Join Date: Sep 2008
Location: Chris Christie's enormous shadow
Posts: 2,874
Well, that's one way to get the all important unemployment figures down to electable levels.
    Quote
Old Feb 3rd, 2012, 09:07 AM   #4
Tsing Tao
 
 
Join Date: Mar 2009
Posts: 11,298
"This is the largest absolute jump in 'Persons Not In Labor Force' on record...and biggest percentage jump in 30 years."

LOL....and the robots dive head-first into the market, frothing for the latest deals.
    Quote
Old Feb 3rd, 2012, 09:08 AM   #5
the1
Registered User
 
Join Date: Feb 2009
Posts: 2,354
By the time November rolls around the unemployment rate will be in the area of 6-7% as Obama proclaims, "we're on our way to full employment." Jobs for everyone!
    Quote
Old Feb 3rd, 2012, 09:19 AM   #6
Martinghoul
 
 
Join Date: Jan 2009
Location: London
Posts: 6,500
It's good to see HeroZedge is up to its usual shenanigans. I guess the whole doomsday thing hasn't worked out that well, so they feel the need to get all defensive.

In reality, today's release was very strong by any measure. Household survey numbers (incl participation rate, unemployment rate, etc) are to be taken with a pinch of salt, due to the population count adjustment that BLS normally performs in January. So yes, unemployment rate drop of 0.3% and the household employment number jump of 847k are probably somewhat exaggerated. However, that doesn't change the fundamental dynamics that are, for the moment, obvious.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider