Tag Archive for Job Market

Three Charts Obama Hopes You’ll Never See – Keith Fitz-Gerald – Money Morning

Today I’m going to show you three charts Obama hoped you’d never see.

Brace yourself.

You’re about to get a very different view of the “recovery” picture that the administration keeps painting for us.

This one, for starters, is accurate.

It also explains why incoming Fed Chair Janet Yellen can’t cut stimulus, which is one of the reasons you have an opportunity to make some money here… especially if you follow my “mid-December plan.” More on that in a minute.

Let’s start with the charts…

October Jobs Report: Labor Force Shrinks to 35-Year Low – Money Morning

Despite worries the 16-day government shutdown would weigh on job growth, the October jobs report was surprisingly strong.

That’s what the government is reporting, anyway…

According to the Labor Department numbers released today (Friday), employers increased headcount by 204,000 in October, handily beating the 120,000 many economists expected. The government report also showed revisions to late summer numbers, revealing an extra 60,000 jobs total were created in August and September.

What the August Jobs Report Means for “Septaper” – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Investors generally took the lackluster August jobs report as a sign the U.S. Federal Reserve will hold off announcing a tapering of its $85 billion a month bond program at the Sept. 17-18 Federal Open Market Committee (FOMC)…