Wednesday, January 5, 2011

Ignore The Spin and Follow The Cycles

Here it comes, the unexpectedly strong economy of 2011. The labor market continues to ignore spin and follow the cycles. An 'improving' job market and the economic spin it supports will end when TIME is up.

Average Weekly Initial Claims State Unemployment (AWIC) And YOY Change:


Average Continuing Claims State Unemployment (ACC) And YOY Change:


Headline: Private sector adds 297,000 jobs in December: ADP

Private employers added 297,000 jobs in December, the biggest increase since at least 2001, compared with a revised gain of 92,000 in November, a private report showed on Wednesday.

The median estimate from 27 economists surveyed by Reuters for the ADP Employer Services report was for a rise of 100,000 private-sector jobs in December.

Source: finance.yahoo.com

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