tag:blogger.com,1999:blog-1227919517269937208.post7027520182440200261..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Employment Index Makes Monster JumpEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1227919517269937208.post-63523407118666300752009-09-07T12:48:10.540-06:002009-09-07T12:48:10.540-06:00Anonymous,
Other indicators show that the recover...Anonymous,<br /><br />Other indicators show that the recovery has started and is ramping quickly. Keep in mind that the unemployment rate is almost the last indicator to show that recovery started and that re-growth has begun. From the Christmas/Grey report, to the ADP report, to significantly dwindling job losses and the monster job board firmness. I'd say that the unemployment rate is at its peak and would be very surprised to see it go much higher before beginning its retreat.<br /><br />Given the strength of the other indicators, I now believe that the retreat will be quite swift... much swifter than most economists are forecasting.<br /><br />Happy Labor Day,<br />GNEGNEhttp://goodnewseconomist.comnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-80545949135779374692009-09-04T11:10:58.157-06:002009-09-04T11:10:58.157-06:00GNE,
Are you concerned about the larger than expe...GNE,<br /><br />Are you concerned about the larger than expected increase in the unemployment rate? It sure looks like the rate is heading to more than 10%. Won't this dampend consumer spending and any recovery?Anonymousnoreply@blogger.com