Tag Archives: Unemployment

Services ISM Beats Expectations While Drop In Employment Index Confirms ADP Beat Was An Aberration

Submitted by Tyler Durden on 01/05/2011 10:42 -0500 from zerohedge.com Following the too good to be true ADP number, the December Services ISM number came at 57.1 on a 55.7 consensus and an improvement from November’s 55- a multi-year high. … Continue reading

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The U.S. Unemployment Rate Picked Up to 9.8% in November

That is higher than all projections of the economists.  The non-farm job data also points to slowdown of the job growth.  The only bright point in the non-farm report is the strong growth of temporary jobs and health care jobs.  see … Continue reading

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Market Watch – 11/24/10

Today is the last trading day before the Thanksgiving day, so it is crowded with economic data.  The first time to apply unemployment benefit plunge sharply to 407 K from 441 K the week before last week, a multi-year low.  … Continue reading

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What Does the Drop of Unemployment Claims Tell Us?

Last week, the weekly Unemployment claims drop sharply to 434K.  But I don’t think it suggests US economy is accelerating because the unemployment condition lags the economy.  In another word, it just reflects the economy conditions in the last few months.  … Continue reading

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