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re: Unemployment down to 7.8%
Posted on 10/5/12 at 8:30 am to TheHiddenFlask
Posted on 10/5/12 at 8:30 am to TheHiddenFlask
The two month revised figures are pretty good, but as was said I wouldn't put too much stock in NFP anymore. Post '08, the seasonal adjustments are very construed and the birth/death adjustment is beyond a joke. Also, as was said this was entirely part-time jobs.
Posted on 10/5/12 at 9:25 am to BennyAndTheInkJets
Hmm, part-time people employed for economic reasons soared by 582,000 to 8,613,000, the most since October 2011
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