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To: Schlepp
Payrolls and weekly claims are coincident and leading.

Leading to what? Economic trends?

No way.

The important figures are cap-ex and inventories. Weekly/monthly payrolls are affected by a hundred things. the trend, if there was one was a reduction in layoffs untill this last report.

As bad as some may think it to be, it indicates nothing. Just fodder for unemployed bitchy IT guys who can't seem to understand that the artificial boom is over and in a maturation phase as all other previous booms have done.

Move, re-train or accept the lower pay, because the good ole days are gone man.

82 posted on 08/05/2003 4:55:24 PM PDT by Cold Heat (Negotiate!! .............(((Blam!.)))........... "Now who else wants to negotiate?")
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