An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, September 10, 2009
More signs of hope on the job front
Weekly unemployment claims are falling...
Employment tax deposits are rising this month compared to August...
Average daily tax deposits in August were higher than July...
Mike, Shouldn't we consider the following as well? - Census 2010 will be responsible for creating approx 1.5 million temporary jobs this year. - Revised jobless claims for July = 2.240mil Aug = 2.265mil - The 4 week average for jobless claims rose last week to 571,250.The highest we've seen in 8 weeks. Maybe the glass is not as full as it appears to be. Your thoughts on this? Kindest, Jill
Mike,
ReplyDeleteShouldn't we consider the following as well?
- Census 2010 will be responsible for creating approx 1.5 million temporary jobs this year.
- Revised jobless claims for July = 2.240mil Aug = 2.265mil
- The 4 week average for jobless claims rose last week to 571,250.The highest we've seen in 8 weeks.
Maybe the glass is not as full as it appears to be. Your thoughts on this?
Kindest,
Jill
Yes, it still looks too close to call. However, the way we end this month might very well provide us with a clue.
ReplyDelete