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Jobs Data Round Up

Posted By Barry Ritholtz On February 9, 2005 @ 6:15 am In Economy | Comments Disabled

For those of you who may not have been paying attention Friday, we had another below consensus Jobs number [1]. Drilling beneath the headlines, we see the data is actually more discouraging than it appears at first blush.

Note that as I write this, I expect the jobs issue to have little impact on my recent intermediate Bullish comments. If anything, it will be spun positively, rationalized into a convenient excuse for Mr. G and his band of merry fed Governors to continue their monetary "accomodation" and ongoing measured pace.

The latest BLS report is always at this link [2];  The December Jobs data can be found here [3] (html [4] or pdf [5])

For those wanting a little analysis with their data, here’s a few recent comments and additional sources on the Employment situation and the Unemployment Rate:

Economists React to Jobs Data  [6]

Employment Report: Let the Rationalizations Begin! [7]

Job Gains: How have past Presidents fared?  [8]

Lost Jobs Found: Elapsed Time, 46 Months [9]

Misunderstanding Unemployment Data [10]

Unemployment Rate: Worse than it Appears [11]

This should keep the economic wonks busy for a few hours  . . .


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/02/jobs-data-round-up/

URLs in this post:

[1] Jobs number: http://www.thestreet.com/markets/marketfeatures/10207447.html

[2] this link: http://www.bls.gov/news.release/empsit.toc.htm

[3] here: http://www.bls.gov/schedule/archives/empsit_nr.htm#2004

[4] html: http://www.ritholtz.com/blogftp://ftp.bls.gov/pub/news.release/History/empsit.01072005.news

[5] pdf: http://www.bls.gov/news.release/archives/empsit_01072005.pdf

[6] Economists React to Jobs Data  : http://www.ritholtz.com/blog http://bigpicture.typepad.com/comments/2005/02/economists_reac.html

[7] Employment Report: Let the Rationalizations Begin!: http://bigpicture.typepad.com/comments/2005/02/employment_repo.html

[8] Job Gains: How have past Presidents fared?  : http://bigpicture.typepad.com/comments/2005/02/job_gains_how_h.html

[9] Lost Jobs Found: Elapsed Time, 46 Months: http://bigpicture.typepad.com/comments/2005/02/lost_jobs_found.html

[10] Misunderstanding Unemployment Data: http://bigpicture.typepad.com/comments/2005/02/misunderstandin.html

[11] Unemployment Rate: Worse than it Appears: http://bigpicture.typepad.com/comments/2005/02/unemployment_ra.html

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