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Old 08-05-2011, 06:30 AM
 
10,494 posts, read 27,238,533 times
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Non farm payroll for August....
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Old 08-05-2011, 06:31 AM
 
Location: Raleigh, NC
20,054 posts, read 18,279,569 times
Reputation: 3826
Tea party's fault.
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Old 08-05-2011, 06:33 AM
 
587 posts, read 1,134,801 times
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better than expected....the street expected 85k.....we need about 120k per month to get back on track, more like 200k...congress needs to wake the **** up

.....Wall street futures have rebounded on the news, but it was a brutal day in Asia and European trading as all the major world markets lost at 3% of their market share today....London is still open for trading, so they may rebound
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Old 08-05-2011, 06:35 AM
 
Location: Tampa Florida
22,229 posts, read 17,851,724 times
Reputation: 4585
Good, not great. Surprised it is not worse.
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Old 08-05-2011, 06:37 AM
 
Location: Raleigh, NC
20,054 posts, read 18,279,569 times
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Quote:
Originally Posted by florida.bob View Post
Good, not great. Surprised it is not worse.
As you said yesterday, TParty consequences for this news.
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Old 08-05-2011, 06:38 AM
 
10,494 posts, read 27,238,533 times
Reputation: 6717
Quote:
Originally Posted by v2four View Post
better than expected....the street expected 85k.....we need about 120k per month to get back on track, more like 200k...congress needs to wake the **** up

.....Wall street futures have rebounded on the news, but it was a brutal day in Asia and European trading as all the major world markets lost at 3% of their market share today....London is still open for trading, so they may rebound
No, we need 125,000-150,000 jobs just to keep up with population growth. To get back on track we would need over 200,000 new jobs a month.
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Old 08-05-2011, 06:41 AM
 
69,368 posts, read 64,096,009 times
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Quote:
Originally Posted by las vegas drunk View Post
No, we need 125,000-150,000 jobs just to keep up with population growth. To get back on track we would need over 200,000 new jobs a month.
Yes but in todays economy, its good news to be stabalized and growing. Empoyee growth reports match shipping increase reports which came out last week, which either leads to economic growth or massive selloffs at discount rates through the holidays. Too soon to determine what choice will be chosen.
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Old 08-05-2011, 06:42 AM
 
Location: planet octupulous is nearing earths atmosphere
13,621 posts, read 12,729,004 times
Reputation: 20050
hmm i wonder if those numbers are true???
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Old 08-05-2011, 06:43 AM
 
Location: St. Joseph Area
6,233 posts, read 9,479,903 times
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Quote:
Originally Posted by florida.bob View Post
Good, not great. Surprised it is not worse.
Same reaction here. meh.
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Old 08-05-2011, 06:47 AM
 
Location: Saratoga Springs and Copake Lake.
263 posts, read 626,065 times
Reputation: 174
I'll take any news that is not bad....gladly.
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