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House Price Crash Forum
Joey Buttafueco Jr

Green Shoots - Us Numbers

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Short @ 9324 [closed at 9320] now short at 9404 [closed at 9390] and 1004.4 for the s&p the lying bustards :lol:

Edited by me me me

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Unemployment falling. Non farm a lot better than expected. It is Friday afternoon, Happy days are here again.

Delivered with your usual dash of sarcasm I hope

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Jobless totals still rising. Despite boom in federal jobs and trillions of stimulus.

Construction lost ANOTHER 76,000 despite stimulus targeted at this sector and the figures they are comparing these with being horrific.

http://news.bbc.co.uk/1/hi/business/8189506.stm

Absolutely.

The drop in the unemployment rate happened only because more people stopped looking for work and were thus ineligible to be counted as officially unemployed. The share of adults with jobs actually fell: to 59.4 percent, from 59.5 percent.

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There is a lot to be optimistic about, this is a fairly mild recession and we could see the equity markets recover all ground lost by the end of the year as things return to "normal"

usjobs.jpg

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