PILOT SPIN

Spin Zone => Spin Zone => Topic started by: Little Joe on May 06, 2016, 05:49:58 AM

Title: Jobs report; what to make of it?
Post by: Little Joe on May 06, 2016, 05:49:58 AM

Anything less than 200,000 new jobs is disappointing.
They were estimating an anemic 190,000.
The new number for April is 160,000.  :(

Title: Re: Jobs report; what to make of it?
Post by: nddons on May 06, 2016, 05:58:35 AM

Quote from: Little Joe on May 06, 2016, 05:49:58 AM

Anything less than 200,000 new jobs is disappointing.
They were estimating an anemic 190,000.
The new number for April is 160,000.  :(

Just wait. "Recovery Summer" is right around the corner.

Isn't that what Biden said 7 years ago?

Title: Re: Jobs report; what to make of it?
Post by: Little Joe on May 06, 2016, 06:01:42 AM

Quote from: Little Joe on May 06, 2016, 05:49:58 AM

Anything less than 200,000 new jobs is disappointing.
They were estimating an anemic 190,000.
The new number for April is 160,000.  :(

I was mistaken.  The consensus estimate was 197,000. 
But Goldman Sachs was predicting 240,000.  They must have spent too much time (and money) listening to Hillary speak.

Title: Re: Jobs report; what to make of it?
Post by: pilot_dude on May 06, 2016, 06:06:24 AM

The question is; how many were private sector and how many were public sector jobs?  You'd think, well, I'd think, retailers would be ramping up part time gigs for the summer buying season.  Although, I've been wrong before.