LHG unknown

Gold V Dow

  1. 25,374 Posts.
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    re the jobs report friday
    and the Dow resumption



    Quote from Option Investor Newsletter: "The Jobs Report was also more smoke and mirrors. The headline number showed 39,000 new jobs being created in August. What the headline number did not show was that 22,000 were hired as airport security personnel and 34,000 were teachers going back to work. Neither of these events are going to be repeatable next month. Also there was the next couple months. 41,000 jobs were government related. 69,000 jobs were cut in the manufacturing sector alone. A key point remained that 53.3% of companies cut workers during August.







 
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