Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

NoVaMoMe 2024: 06/08/2024
Arlington, VA
Details to follow


Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX
Contact Ben Had for info





















« Our "Intellectually Incurious" Press & WMD's | Main | 288,000 Jobs Created in April; Over 600,000 in 60 Days »
May 07, 2004

Ace of Spades HQ Incites National Fixation on April Jobs Numbers

"Thanks to AoSHQ, everyone's suddenly treating us like rock stars," says senior CreditSuisse economist

Anxious Public Demands "More Cowbell!"

How much can we tease something so boring?:

[L]ast week's jobless claims won't impact the April employment report, which covers the last half of March and the first half of April. And economists are widely split on the key number in the report -- the number of new jobs added by employers. Reuters found a range of estimates from 60,000 to 250,00 new jobs among economists surveyed.

The unemployment rate is expected to stay unchanged at 5.7 percent, with a much tighter range of estimates -- the economists surveyed came in with either a 5.6 percent or 5.7 percent rate.

What they're looking for is a sign of whether the strong March employment report -- when 308,000 jobs were added -- was the start of something big or just a big tease.

Wachovia Securities economist Mark Vitner is in the start-of-something big camp. He believes we could see more than 280,000 jobs added virtually every month through the rest of this decade. He's forecasting an April report with 240,000 jobs added, and a significantly bigger number in the May or June report.

"The jobless recovery is well behind us," said Vitner. "The economy right now is not really in a recovery mode, it's in a boom mode. Companies are going to be hiring out of fear if they don't, they lose an opportunity to make more money."

Vitner said the relatively low number of jobless claims is one of the things giving him confidence that the employment picture is seeing significant, permanent improvement.

Other economists, most likely malcontents and subversives, expect much smaller jobs-growth, figuring March's number was an aberration.


digg this
posted by Ace at 01:04 AM

| Access Comments




Recent Comments
Erebus-ex-killer whale: "The GOP should also run ads pointing out that Amet ..."

Lizzy[/i]: "No country can absorb so many immigrants, legal or ..."

Doof: "CBD is a Jewish Christian Nationalist? Akin to a ..."

Big Pharma Says But Some Merch, Hoss: "270 I’m sure there are legit cases of people ..."

"Perfessor" Squirrel: "When the collapse happens, will the illegal immigr ..."

Skip: "Immigrants of old would have learned English, cha ..."

OrangeEnt: " No more drivers licenses for illegals!!! Posted ..."

Lizzy[/i]: "6. Remove the d@mn poem from the base of the Statu ..."

Albanian simps gonna simp, simp, simp: "250 200 I heard some pop strumpet on the radio. Sh ..."

Diogenes: "This is the existential problem of our lifetimes. ..."

thatcrazyjerseyguy now with twice the crazy: "Looks like Mike Lindell ("election denier", as des ..."

18-1: "I'd add - prosecute any government worker that app ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64