Nonfarm payroll 345,000 job loss

Discussion in 'Economics' started by Eko_Trader, Jun 5, 2009.

  1. How did we have a spike of 0.5% in unemployment rate and only 345k job loss? That makes so much sense.
  2. Green shoot
  3. what they didnt tell you was they added in 220k jobs from the birth / death model.

    strange in a contracting economy their model is adding jobs.

    another govt bls load of bullshit
  4. If you dig into these numbers, there's some seriously manufactured bullshit. The currency market wasn't fooled - or rather, it was fooled for about 10 minutes.

    edit: Look at the mining and nat resource jobs...holy crap.
  5. link?
  6. We have consistent + 500k job loss and 0.4% spike in unemployment the last few months. So if we only have 345k job losses this month and a 0.5% spike - it can only mean that the employment force is shrinking.
  7. Link? Read the report, dude.
  8. No one is hiring?
  9. kxvid


    My thoughts exactly. Something funny with the numbers. Wonder if the market will be fooled.
    #10     Jun 5, 2009