Seeking Alpha
  • Paul Nouri, CFP
    What will it take for people to submit to the idea that the employment picture has improved?
    2/10/12
    Reply (15)
    • nasalpancho: improvement? just guessing
      2/10/12
    • 1980XLS-2.0: They don't count the uncounted. That's why they call 'em the uncounted.
      2/10/12
    • Husky Financial: you should submit to the idea that millions are leaving the work force and participation is at a 52 week low lol
      2/10/12
    • Paul Nouri, CFP: The participation rate was essentially flat from Jun '11- Dec '11 and 800k jobs were added.
      2/10/12
    • Paul Nouri, CFP: Since Employment bottomed in April '10, nearly 3 million jobs have been added.
      2/10/12
    • Paul Nouri, CFP: The employment picture is still challenging, but there has been real improvement
      2/10/12
    • Husky Financial: and from Sept. 11 to Jan 12 1.8 million people left the labor force..from Jan 11 to Jan 12 that number is 2.6m.. your point is a weak one
      2/10/12
    • Paul Nouri, CFP: http://1.usa.gov/xhth2n Where are you getting your numbers from?
      2/10/12
    • 1980XLS-2.0: Good employment bad for market. Puts labor pricing pressure on companies. Must profit from peasants to maximum extent possible.
      2/10/12
    • Husky Financial: same source http://1.usa.gov/xQLaPw 88.7m - 86.1m = 2.6m
      2/10/12
    • Husky Financial: lowest participation rate since 1979... don't confuse people content w/ 99 weeks of unemployment checks and companies hiring people
      2/10/12
    • Paul Nouri, CFP: It depends on how you want to look at the data. There are lots of factors that go into people dropping out of the labor force.
      2/10/12
    • Paul Nouri, CFP: All that I was trying to originally say is that the employment picture is better than it was in September. You disagree.
      2/10/12
    • Husky Financial: you post made it sound like people did not buy into the data..the market is up 20% since Oct and they havent submitted to the "improvement"?
      2/10/12
    • Paul Nouri, CFP: I would say that there are many that do not buy into it. Markets move for many reasons, valuations, macro, global political etc.
      2/10/12