Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Date: Sat, 8 Jun 2002 22:18:55 -0400
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Hi Patrick, That's because the jobs creation # comes from a poll of businesses, while the Unemployment # comes from a survey of households. So if either survey, both separate and independent, are inaccurate then you can see results like this. I do not expect to see next month's report decline further, rather more likely it will be back to 6%, but may also show more substantial addition of jobs at the same time. - ----- Original Message ----- From: "Patrick Wahl" <pjwahl@attbi.com> To: <canslim@lists.xmission.com> Sent: Saturday, June 08, 2002 9:48 PM Subject: Re: [CANSLIM] Worley's Weekend Weeview This seems a little confusing to me, probably some odd way the feds count workers and so on, maybe you can clear it up - how can expectations be for more jobs added than actually were, with a rise in unemployment, while in fact we had a fewer jobs added with a decrease in the unemployment rate. Something doesn't add up there. On 8 Jun 2002 at 20:27, Tom Worley wrote: > EMPLOYMENT > Friday's report surprised with positive news, overall unemployment dropping > to 5.8% from 6% instead of rising as expected to 6.1%. New jobs were well > under expectations, with 41K added instead of 75K. Revised new jobs in April > ended up only 6K. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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