Factory Closing
Mike: I hope you all had an enjoyable weekend. WordPress is acting strange again this Monday and the paragraph spacing isn’t working well, so the layout may not be quite as smooth as usual. Today was a busy day for me, so I apologize for the sporatic and incompete updates. I hope to make Tuesday […]
Mike: The monthly unemployment numbers show a marked improvement over the previous seven months, but the unemployment rate increased to 9.4% due to more people looking for work. The lower job loss figure is good news, but the higher unemployment number shows the difficulty in finding new work. One reason, in my opinion, why more […]
Friday brings with it the Employment Situation, which is expected to be a market mover. The consensus estimate ranges from -625,000 to -495,000. Till then…………… Mike: Jobless Claims show a slight drop to 621,000 from a revised upward figure of 625,000 the previous week. Seems that every week we have a jobless claims number that is revised upward, but that’s […]