Friday, June 3, 2011

It's The Economy Stupid: Jobs, or lack there of...

 

Change In Nonfarm Payrolls  +54K, but the economists estimate was +165K, and the previous number was 244K

Change  In Private Payrolls  +83K, but the economists estimate was +170K, and the previous number was 268K

Unemployment Rate 9.1%, but the economists estimate was 8.9%, and the previous number was 9.0%

 

The downward trend in economic numbers continues.  These are just lousy numbers. 

 

No matter how much lipstick you put on a pig, it’s still a pig.

 

 

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