Comments on: jobless claims http://www.ritholtz.com/blog/2009/07/jobless-claims-4/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 12:43:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: cfischer http://www.ritholtz.com/blog/2009/07/jobless-claims-4/comment-page-1/#comment-191544 cfischer Thu, 09 Jul 2009 17:23:43 +0000 http://www.ritholtz.com/blog/2009/07/jobless-claims-4/#comment-191544 Didn't the holiday Friday have an impact on this number? Didn’t the holiday Friday have an impact on this number?

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/07/jobless-claims-4/comment-page-1/#comment-191506 davossherman@gmail.com Thu, 09 Jul 2009 15:17:59 +0000 http://www.ritholtz.com/blog/2009/07/jobless-claims-4/#comment-191506 PS Another way to look at it is this: In 2007 150,000,000 employed, now 26,000,000 are unemployed or under employed. That is 17%. Another thing to consider: Those auto jobs AREN'T coming back. IMHO "much better than the consensus of 603" is not something that should be within. First these numbers make the former Enron book cookers green with envy, second THERE IS NO SUCH THING AS A JOBLESS ECONOMIC RECOVERY, third: This like derivatives has systemic risks, more jobs will be lost. I'd stick to shadow stats for my job loss numbers - this BLS stuff is really BS PS Another way to look at it is this: In 2007 150,000,000 employed, now 26,000,000 are unemployed or under employed.

That is 17%.

Another thing to consider: Those auto jobs AREN’T coming back.

IMHO “much better than the consensus of 603″ is not something that should be within. First these numbers make the former Enron book cookers green with envy, second THERE IS NO SUCH THING AS A JOBLESS ECONOMIC RECOVERY, third: This like derivatives has systemic risks, more jobs will be lost.

I’d stick to shadow stats for my job loss numbers – this BLS stuff is really BS

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/07/jobless-claims-4/comment-page-1/#comment-191503 davossherman@gmail.com Thu, 09 Jul 2009 15:09:40 +0000 http://www.ritholtz.com/blog/2009/07/jobless-claims-4/#comment-191503 Unemployment: Headline: March 652,000 actual 853,000 April 504,000 actual 682,000 May 322,000 actual 631,000 June 467,000 actual 698,000 Source:http://economicedge.blogspot.com/2009/07/thunder-road-report-stop-inflation-or.html whitepaper within Unemployment:

Headline:

March 652,000 actual 853,000
April 504,000 actual 682,000
May 322,000 actual 631,000
June 467,000 actual 698,000

Source:http://economicedge.blogspot.com/2009/07/thunder-road-report-stop-inflation-or.html
whitepaper within

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