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248,000 payroll jobs added in May; Jobless rate: 5.6%
CNBC
| Friday, June 4, 2004
Posted on 06/04/2004 5:30:16 AM PDT by JohnHuang2
Edited on 06/04/2004 5:36:32 AM PDT by Admin Moderator.
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To: Lazamataz
And as we all know the jobs report and the unemployment rate are LAGGING INDICATORS!
To: kittymyrib
Most analysts expected 250,000 with the "whispered number" at 350,000. The markets will be down today because these will be "disappointing numbers". WASHINGTON - The Labor Department (news - web sites) releases its May report on jobless claims this morning at 8:30 a.m. EDT. Economists are looking for an increase of 215,000 in nonfarm payrolls and for the jobless rate to hold at 5.6 percent.
-AP
To: kittymyrib
Most analysts expected 250,000 with the "whispered number" at 350,000. The markets will be down today because these will be "disappointing numbersNope- economists had expected 225k... factor in the revised figures for the past 2 months, and it's a net of over 300k jobs.
43
posted on
06/04/2004 5:47:15 AM PDT
by
NYC Republican
(How can Americans SERIOUSLY consider voting for an ADMITTED WAR CRIMINAL Scum like SKerry???)
To: rabidralph
Yes, they're right -- WE'RE DOOMED! ;-)
To: JohnHuang2
Dow futures up 64. S&P up 8+ . NAZ up 15.50
45
posted on
06/04/2004 5:47:19 AM PDT
by
babaloo
To: NeonKnight
You beat me by 4 seconds!
46
posted on
06/04/2004 5:47:48 AM PDT
by
NYC Republican
(How can Americans SERIOUSLY consider voting for an ADMITTED WAR CRIMINAL Scum like SKerry???)
To: JohnHuang2
BUSH LIED! JOBLESS RECOVERY DIED! Bush lied! People were hired!
47
posted on
06/04/2004 5:47:58 AM PDT
by
Brett66
To: JohnHuang2
Great News !
48
posted on
06/04/2004 5:48:41 AM PDT
by
tapatio
To: NYC Republican; kittymyrib
Dow futures already up 70.
To: JohnHuang2
Great news. Kerry and the liberals are pulling of their hair.
A great Bush 30 seconds ad:
Show John Kerry and Ted Kennedy saying that it is a jobless recovery than show the job added in the last three months, mentioning the numbers in each month with some great background music.
50
posted on
06/04/2004 5:49:21 AM PDT
by
jveritas
To: babaloo
Every sector up but government which is down 27K. Cannot ask for anything better. Even a substantial recovery in MFG. Tax revenues are starting to rise for the states. Kudlow calling for 15-20 percent rally in the stock market this summer. To top it all off gas at my local station was 1.85 last night down 10 cents from a week ago. Man, this is GREAT! It just doesn't get any better than this.
I'm going out to look for the WMD now. The way things are going, I'll probably find 'em.
51
posted on
06/04/2004 5:49:22 AM PDT
by
Allegra
To: tapatio
To: NYC Republican
Not true, this market is openning up. I watched the futures POP on the report.
To: Brett66
To: kittymyrib
Kittymyrib
Are you a troll? Are you sad by the news?
55
posted on
06/04/2004 5:50:52 AM PDT
by
jveritas
To: jveritas
To: NYC Republican
...and if I hadn't fumbled a couple of times, I would have beaten you by nearly a minute. LOL
To: JohnHuang2
58
posted on
06/04/2004 5:52:00 AM PDT
by
Constitution Day
(Rush may be "show prep for the media", but FR is show prep for RUSH!)
To: JohnHuang2; StriperSniper; Mo1; Peach; Howlin; kimmie7; 4integrity; BigSkyFreeper; RandallFlagg; ...
To: Constitution Day
Thanks for the link, friend.
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