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CNN - Rumors of Bad Job Numbers on Friday...
self | self

Posted on 09/01/2004 5:22:39 PM PDT by TBBT

For what it is worth - Just heard Jeff Greenfield on CNN say that rumors have it that the job numbers on Friday will not be very good.


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: jobnumbers; jobs
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1 posted on 09/01/2004 5:22:40 PM PDT by TBBT
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To: TBBT

Not very good for whom?


2 posted on 09/01/2004 5:23:41 PM PDT by coloradan (Hence, etc.)
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To: TBBT

Rumor schmoomer. The nobody has the numbers yet.


3 posted on 09/01/2004 5:23:43 PM PDT by OneTimeLurker
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To: TBBT

Hiring is picking up in Silicon Valley.....


4 posted on 09/01/2004 5:23:55 PM PDT by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Right makes right!)
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To: TBBT
The job numbers are a joke.

They are "seasonally adjusted", but only if the Department of Labor feels like it. And, guess what? The bureaucrats don't seem to feel like making the adjustment when the numbers will look good as a result.
5 posted on 09/01/2004 5:25:49 PM PDT by sharktrager (The road to hell is paved with good intentions. And the paving contractor lives in Chappaqua.)
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To: TBBT

In other words, whatever the numbers are, CNN will declare them "bad."


6 posted on 09/01/2004 5:28:38 PM PDT by Sloth (John Kerry: Frank Burns with Charles Winchester's pedigree.)
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To: Sloth

Probably....


7 posted on 09/01/2004 5:30:36 PM PDT by TBBT
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To: TBBT

Spend any time around bond traders and you'll know where most of these "rumors" come from. "Buy the rumor, sell the fact."


8 posted on 09/01/2004 5:31:00 PM PDT by TheyConvictedOglethorpe
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To: TBBT
Is CNN having another round of layoffs?
9 posted on 09/01/2004 5:36:40 PM PDT by Paleo Conservative (Do not remove this tag under penalty of law.)
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To: TBBT
Sure hope it's not true.

Wouldn't it be great if it was a GOP insider who knows the numbers are actually strong who was spreading rumors of bad numbers to downplay expectations? If everyone was expecting a bust, and then the real numbers showed 400,000 jobs added, it would shoot W's numbers through the roof.

Probably just wishful thinking, I know.

10 posted on 09/01/2004 5:37:00 PM PDT by comebacknewt
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To: TBBT

I hope the rumors are untrue. No matter the details... If the raw numbers are not good, then I'm sure I'll be made ill by weeks of media/Dems spin.


11 posted on 09/01/2004 5:37:16 PM PDT by TBBT
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Comment #12 Removed by Moderator

To: TBBT

there will almost certainly be job losses in FL due to the hurricane...


13 posted on 09/01/2004 5:38:37 PM PDT by ambrose (http://www.swiftvets.com/)
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To: TBBT

Hmmm...



http://www.freerepublic.com/focus/f-news/1205181/posts


14 posted on 09/01/2004 5:38:43 PM PDT by socal_parrot (Just win baby!)
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To: comebacknewt

http://www.rasmussenreports.com/hudson_employment_indexseptember.htm

New York, September 1, 2004--The Hudson Employment Index (SM) continued its ascent in August to 108.9, marking a half-point increase from July and revealing another small, yet steady rise in employee confidence in the labor market. The percentage of workers worried about losing their jobs, dropped to 17 percent this month. That matches its lowest reading of the year.

Nationwide, the percentage of employees who anticipate hiring in their firms remained stable. Thirty-three percent (33%) of workers and 34% of managers report that their companies are hiring. Private sector workers continued to be more bullish than the overall workforce, with 39 percent reporting hiring plans by their employers for the fifth straight month.

Meanwhile, the number of workers rating their personal finances as excellent or good has grown incrementally, peaking this month at 45 percent.

"Employees are maintaining an overall positive outlook on jobs despite current debate about the strength of the labor market," said Jeff Anderson, senior vice president of Hudson Global Resources. "Since the beginning of the year, we have seen a notable increase in the demand for staffing and outsourced solutions. In fact, the number of consultants that Hudson North America has placed grew over 30 percent since January."

In Florida, where residents are still dealing with the aftermath of Hurricane Charley, employee confidence dropped significantly last month. The Florida Index declined from 116.9 in July to 108.6 in August.


15 posted on 09/01/2004 5:38:58 PM PDT by ambrose (http://www.swiftvets.com/)
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To: Paleo Conservative
Is CNN having another round of layoffs?

They probably will be after FOX sweeps the ratings coming out of the Convention coverage.

16 posted on 09/01/2004 5:39:17 PM PDT by TADSLOS (Right Wing Infidel since 1954)
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To: Made in USA

It seems someone found a way to rig the signup dates and the DU trash are sliming in.


17 posted on 09/01/2004 5:40:06 PM PDT by zarf
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To: TBBT
the job numbers do not leak out ...this is just wishful thinking on CNN's part
18 posted on 09/01/2004 5:43:15 PM PDT by True Capitalist
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To: zarf

Of course, it would be smart in one way for Repubs to start this rumour if they know it is not true.

On other hand, it could have been started b/c Dems want to get media talking about this and not how much Kerry sucks on homeland security.


19 posted on 09/01/2004 5:43:27 PM PDT by Julliardsux
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To: TADSLOS

or perhaps they are speaking of the impending Kerry campaign layoffs due to the CNN-rumored "shake-up"!!!


20 posted on 09/01/2004 5:44:20 PM PDT by avital2
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