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  • Q1 GDP revised down to -0.7% [View news story]
    1st & 2nd quarter GDP with negative prints equals a recession.
    May 29, 2015. 08:57 AM | 5 Likes Like |Link to Comment
  • Q1 GDP revised down to -0.7% [View news story]
    2 quarters straight negative prints in GDP equals a recession.
    May 29, 2015. 08:55 AM | 7 Likes Like |Link to Comment
  • FOMC: June rate hike about off the table [View news story]
    The link for initial jobless claims on the front is incorrect.
    Here is the correct link:
    http://seekingalpha.co...
    May 21, 2015. 10:50 AM | Likes Like |Link to Comment
  • Irrational exuberance? Yellen says stock valuations are quite high [View news story]
    The market is topping. Monthly sell signal has taken place. http://schrts.co/AHPLg6
    May 6, 2015. 01:28 PM | 3 Likes Like |Link to Comment
  • Mar Trade Balance deficit at $51.4B [View news story]
    2 quarters of sequential negative GDP has a common name. It's called a "Recession." 1st quarter is going to be revised to a negative number, and the second quarter will probably follow suit. Have to agree with
    crushedbyoil's comments above, we are the strongest of the weakest right now. That is not necessarily a good thing.
    May 5, 2015. 11:38 AM | Likes Like |Link to Comment
  • Initial Jobless Claims jumps 14K to 281K [View news story]
    mrdirt, apologize for posting the same link below.
    Apr 9, 2015. 10:41 AM | Likes Like |Link to Comment
  • Initial Jobless Claims jumps 14K to 281K [View news story]
    My read of the linked article is that boomers are working longer because of poor savings, and picking up most of the full-time jobs. People under 55 are not picking up full-time jobs, but getting part-time jobs, living at home with mom & dad, getting government benefits, etc...
    They are just going to kick the entitlement debate down the road until something drastic happens.
    Apr 9, 2015. 10:38 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims jumps 14K to 281K [View news story]
    Further quotes from the link above:
    "Total Population among the 25-54 year old American core fell 700k while 25-54 year olds with full-time jobs fell even faster, by 3.5 million.
    2.Total Population among 16-24 year olds increased by about 1 million, however, full-time jobs among this segment fell by 1.7 million despite the larger population."
    Apr 9, 2015. 10:30 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims jumps 14K to 281K [View news story]
    Here are some sobering statistics:
    http://bit.ly/1CzfXwK
    "Although the US lost over a half million full-time jobs since 2007 despite the 19 million in total population growth, baby boomers generally maintained their full-time jobs as they moved into the 55+ and 65+ segments. So, on a net basis, they were the only age segment to pick up full-time jobs (and 90% of population growth), adding 4.7 million full-time jobs and 17 million in total population."
    Apr 9, 2015. 10:22 AM | 1 Like Like |Link to Comment
  • ADP Jobs Report [View news story]
    And you can prove with sources that the service jobs being created are all doctors, lawyers, etc...? Or high paying jobs? And not minimum wage or slightly higher paying jobs?
    Apr 1, 2015. 02:06 PM | 1 Like Like |Link to Comment
  • ADP Jobs Report [View news story]
    5,000 jobs added in goods producing sectors.
    184,000 jobs added in service-providing sectors.
    1,000 manufacturing jobs lost.
    Apr 1, 2015. 10:53 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims [View news story]
    The reason oil related job numbers are not effecting jobless claims.
    1099 contract employees?
    http://bit.ly/18DRm2c
    Mar 12, 2015. 12:26 PM | Likes Like |Link to Comment
  • Another beat for payrolls, UE rate down to 5.5% [View news story]
    SivBum,
    Sorry, I see your early posts that you don't think these headline numbers are good. Which they aren't.
    Rob
    Mar 6, 2015. 09:44 AM | Likes Like |Link to Comment
  • Another beat for payrolls, UE rate down to 5.5% [View news story]
    So is it a big problem or not?
    Mar 6, 2015. 09:34 AM | Likes Like |Link to Comment
  • Another beat for payrolls, UE rate down to 5.5% [View news story]
    http://bit.ly/1FjY9Jl
    Drilling inside the report:
    "This raw data looks pretty good; 566,000 jobs, according to the household survey, were added and the change in not-in-labor-force was very close to zero.
    and then,
    "But -- the annualized change less the workforce addition rate remains tiny -- positive, but very small, at only 170,000.

    This, unfortunately, means that despite the so-called "headline" unemployment number moving down (strongly!) the population:employment ratio, which is the only figure that matters when it comes to government funding sustainability as you can only tax working people, remains in the ditch."
    Mar 6, 2015. 09:06 AM | Likes Like |Link to Comment
COMMENTS STATS
40 Comments
36 Likes