The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label job report. Show all posts
Showing posts with label job report. Show all posts

Monday, June 6, 2016

Horrific jobs report appears to be the trigger for recession outlook from financial economists

Just a day after the worst jobs report since 2010 was published, financial economists from both J.P. Morgan and Deutsche Bank have put recession outlook on high watch.
Recession models followed by both institutions show an economic recession for the U.S. economy crossing the danger point, and where these indicators have successfully forecast recessions for the last 45 years.
This is what JPM said: “This morning’s employment report also raised the recession probabilities, although for counterintuitive reasons. We do not include the payrolls number in the recession model because it is subject to larger revisions than other labor market data. But the unemployment rate enters the model in two ways. As a near-term indicator, we watch for increases in the unemployment rate that occur near the beginning of recessions. So this morning’s move down in the unemployment rate lowered the recession probability in our near-term model. But we also find the level of the unemployment rate to be one of the most useful indicators ofmedium-term recession risk. So the move down in unemployment raises the model’s view of the risk of economic overheating in the medium run and raises the “background risk” of recession.” - Zerohedge
Read more on this article here...

Saturday, January 9, 2016

Jobs number crushes expectations, but wages decline and part time employment reigns

On Jan. 8 the newest jobs report was published, with the overall numbers crushing analyst expectations as most had estimated that 200,000 would be created for the month of December.  Yet when you look further into the meat of the 292,000 new jobs recorded by the BLS, you find that not only were the majority of them part time (probably holiday seasonal) ones, but average wages for all jobs declined a tick for the first time since 2014.
This is also the first jobs report following the Fed’s hiking of interest rates, and as we saw with Macy’s just a few days ago, it will not be surprising if most retailers layoff many of these part time workers once the end of January comes upon us.

Read more on this article here...