View Poll Results: Will the March jobs report be up or down?

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Thread: March jobs report, up or down?

  1. #1
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    March jobs report, up or down?

    Excerpted from “March jobs jump could lift Obama” By EAMON JAVERS, Politico, 4/1/10 5:10 PM EDT
    The Obama administration’s spring offensive may gain further momentum Friday morning with a monthly jobs report that many economists believe could be the beginning of a sustained string of employment gains.

    A positive report is far from a certainty — the numbers are notoriously hard to predict. But administration officials are keenly aware that serious signs of job growth, coupled with a surge on Wall Street in recent weeks, could dramatically change the political equation on the economy, where a nearly constant string of bad jobs numbers has helped undermine public confidence that President Barack Obama’s economic agenda is working and emboldened his Republican critics. …
    Will the March jobs report be up or down?
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    Re: March jobs report, up or down?

    I honestly don't know but I hope up.
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    Re: March jobs report, up or down?

    From several reports I've heard, it should be going up slightly.

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    Re: March jobs report, up or down?

    I reckon it'll still be slightly down.

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    Re: March jobs report, up or down?

    Up then down in a revision at a later date when the public is not watching

    A tactic that has been used for a few years
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    Re: March jobs report, up or down?

    Down. I'm getting really tired of people getting excited when we don't lose as many jobs as we thought we would, as if that's a good thing. I'm only going to be impressed when we actually CREATE jobs and overall unemployment goes down.
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    Re: March jobs report, up or down?

    Job Market Brightened in March - NYTimes.com

    Employers added 162,000 jobs last month, and employment numbers in the previous two months were revised upward. Nationwide, the unemployment rate held steady at 9.7 percent.
    48,000 of them are census jobs though.
    Last edited by tacomancer; 04-02-10 at 12:32 PM.

  8. #8
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    Re: March jobs report, up or down?

    Quote Originally Posted by megaprogman View Post
    Job Market Brightened in March - NYTimes.com



    48,000 of them are census jobs though.
    That doesn't mean we are out of the recession, but this is still great news. It sets the precedent for a recovery.
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    Re: March jobs report, up or down?

    Quote Originally Posted by Chappy View Post
    Will the March jobs report be up or down?
    From what I've been reading, job growth better happen soon.
    We are in for a second round of the housing crisis.



    Take a look at the 2010-2012 parts of this graph, ARM's and Alt-A's are set to reset resulting in higher payments and no chance of refinancing with many of them because of the interest building on the loans.

    That is some scary **** if you ask me.
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    Re: March jobs report, up or down?

    Quote Originally Posted by Harry Guerrilla View Post
    From what I've been reading, job growth better happen soon.
    We are in for a second round of the housing crisis.



    Take a look at the 2010-2012 parts of this graph, ARM's and Alt-A's are set to reset resulting in higher payments and no chance of refinancing with many of them because of the interest building on the loans.

    That is some scary **** if you ask me.
    Yes it is and it is all Obama's fault for people taking out ARM's and Alt A that readjust now before he became president

    Realistically though it is scary ____ and it is going to cause a second leg downward. With more foreclosures and bankruptcies for people and more bank failures
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