Skip to comments.Gallup Unemployment Survey Spikes To 8.6%, Treasury And Mortgage Rates Continue To Rise
Posted on 09/05/2013 7:22:02 AM PDT by whitedog57
Gallups survey of unemployment printed at 8.6% for July. At 8.6%. it is over 1% higher than the BLS reported print. And it is the highest print since the end of 2011.
At the same time, ADP reports private payrolls increased by 176,000. And initial jobless claims dropped again.
Of course, most of the employment recovery has been in part-time, rather than full-time jobs.
The BIG jobs report is out tomorrow, so stay tuned.
Global sovereign rates continue to rise, hopefully since investors view economic improvement. Or Central Bank stimulus isnt working.
The US Treasury and mortgage rates continue their slog upwards.
And on an unrelated note, here is a list of war films about Secretary of State John Kerry:
Guns of Nantucket Full Dinner Jacket All Quiet on West Bank Red Badge of Ketchup War Horse Face Ketchup 22 The Longest Face Sergeant Dork Lamb Chop Hill The Turkey Has Landed Happy Killmore The Diary of Barney Frank I couldnt resist!
kerry party girls
Journalism at its finest.
The unemployment rate is much higher; even though what they say it’s at is to high.
At least the fuel and food proces are down...oh wait. They are up too. 5 straight years of almost $4 a gallon and no outrage whatsoever.
I don’t get that either...why there is no outrage over the gas prices of the past 4 years. If it were where it should be.. approx $2.10-$2.75. I think the economy would be in much better shape.
And what are the real un-doctored numbers and what would they be without the trillions of Fed pumping into the Stock Market?
A concerted effort to increase fossil fuels would cause a sharp sell off in the futures market. $2:50 gas would be a tax cut not just for the US but for the entire world. It seems like a no brainer...but folks have really bought into this global warming nonsense.