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SPDR S&P 500 ETF Message Board

  • fed_up_c_ws fed_up_c_ws May 3, 2013 3:56 PM Flag

    DONT BE STUPID - Go to BLS Website and look at jobs report yourself

    The media talking heads just report top line numbers, but the granularity shows NO SIGNIFICANT INCREASE in manufacturing or construction jobs, mining and logging, wholesale trade, transportation and warehousing, financial activities, and government. Increases were in professional and business SERVICES (73000), and 38000 in FOOD SERVICES and DRINKING ESTABLISHMENTS! Labor participation rate is down 0.3% year over year while unemployment is down 0.6%, i.e., unemployment is down because the workforce is shrinking.

    ROCK AND ROLL BABY!

 
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