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Old 02 October 2015, 10:57 PM
Steve Steve is offline
 
Join Date: 19 October 2002
Location: Charleston, SC
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Default What the Terrible September Jobs Report Means

The September jobs numbers are easily the worst of 2015 so far. They offer an unpleasant combination of a bad overall headline, bad details and bad timing, amid a volatile and unsettling time in global markets.

The weak numbers offer some vindication for those Federal Reserve officials who preferred to hold off on interest rate increases last month to ensure the economy was on sound footing before tightening the money supply.

This is usually the point in one of these stories where we would list the silver linings ó the countervailing details that suggest it isnít as bad as all that. This report doesnít really offer any.

http://www.nytimes.com/2015/10/03/up...nomy.html?_r=1
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Old 04 October 2015, 06:43 PM
jimmy101_again jimmy101_again is offline
 
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In a nutshell "What the Terrible September Jobs Report Means" is ... nothing. One month's financials have no meaning. (Except it keeps business writers busy for a day.)

Last edited by jimmy101_again; 04 October 2015 at 06:44 PM. Reason: '
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