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March unemployment data is due out tomorrow, despite most markets being closed, with economists...

  • Thursday, April 5, 2012, 8:15 AM ET
    March unemployment data is due out tomorrow, despite most markets being closed, with economists forecasting that non-farm payrolls rose 205K after climbing 277K in Feb. The jobless rate is seen steady at 8.3%. SA author Hale Stewart is more optimistic based on initial claims trends, and he forecasts a gain of 250K and a rate of 8.2%.
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    From my perspective, the number of jobs and the jobless rate is far less meaningful than other factors like quality of the jobs being created. I.E. wages and productivity and usefulness to our physical economy.
    5 Apr 2012, 08:20 AM Reply Like
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