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HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!

 
Luisport

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08/03/2012 08:23 AM

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HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Business Insider‏@businessinsider

HERE COMES THE JULY JOBS REPORT... [link to read.bi]

Last Edited by Luisport on 08/03/2012 08:37 AM
Luisport (OP)

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08/03/2012 08:26 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
10 minBusiness Insider‏@businessinsider

15 minutes [link to read.bi]
Luisport (OP)

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08/03/2012 08:27 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
zerohedge‏@zerohedge

Today's absurd narrative: jobs stronger than expected due to record heat. QE still on
Saratonin

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08/03/2012 08:30 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
+100,000
[link to www.bloomberg.com]
My Blog - [link to blog.emergencyoutdoors.com]
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Luisport (OP)

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08/03/2012 08:32 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
1 minzerohedge‏@zerohedge

163,000K . No QE
Luisport (OP)

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08/03/2012 08:33 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
52 sBusiness Insider‏@businessinsider

PRIVATE payrolls jump by 172K [link to read.bi]

1 minBusiness Insider‏@businessinsider

Futures Rally After HUGE Jobs Report by @bySamRo [link to read.bi]

2 minBusiness Insider‏@businessinsider

BUT UNEMPLOYMENT RISES TO 8.3% [link to read.bi]

2 minBusiness Insider‏@businessinsider

JULY JOBS REPORT CRUSHES EXPECTATIONS AT 163K (Analysts expected 100K) [link to read.bi]
Luisport (OP)

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08/03/2012 08:34 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
zerohedge‏@zerohedge

July Non Farm Payrolls Slam Expectations At 163,000K, Unemployment Rate 8.Rises To 3% [link to www.zerohedge.com]
Anonymous Coward
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08/03/2012 08:34 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Wow, not bad really. 163,000 jobs added is at least positive, but I think I heard once that it needs to be over 300,000 before it really is ok.
Anonymous Coward
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08/03/2012 08:34 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
This is the craziest recession we have ever seen

[link to www.dailyjobcuts.com]

hiding
Limpan

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08/03/2012 08:37 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Better the expected !!! Rally today ???
Anonymous Coward
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08/03/2012 08:37 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Unemployment went up to 8.3%...
Saratonin

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08/03/2012 08:38 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Economy saved!
My Blog - [link to blog.emergencyoutdoors.com]
Online Survival Store - [link to www.emergencyoutdoors.com]
Heirloom (Non-GMO) Survival Seeds - [link to www.emergencyoutdoors.com]
Luisport (OP)

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08/03/2012 08:38 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
2 minBusiness Insider‏@businessinsider

25K jobs added in manufacturing. 12K jobs added in healthcare. [link to read.bi]
Anonymous Coward
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08/03/2012 08:39 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Now, the quandary with this for The Fed is that this means NO QE !! But wait...

The root of the problem *is* the very base of the financial system. They NEED QE just to survive another few months. So now what?

The Fed can no longer blame "us" (the economy) for the problem, but they should start to look to themselves. Likely they will "blame Europe." That may be their out, but does not change the fact that this is a financial institutions problem, spreading fear throughout the economy.
Anonymous Coward
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08/03/2012 08:39 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
How exactly did manufacturing grow by 25K???

Whcih companies hiried that many people in a month??
135
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08/03/2012 08:40 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
more lies, 100,000 created lmao
Luisport (OP)

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08/03/2012 08:40 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Better the expected !!! Rally today ???
 Quoting: Limpan


YES!!! Futures: S&P 500 +0.9% DOW +0.7% NASDAQ +1.1%
Luisport (OP)

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08/03/2012 08:42 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Futures: S&P 500 +1.2% DOW +1.0% NASDAQ +1.2%
Anonymous Coward
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08/03/2012 08:42 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
altcdnflagodancealtcdnflag
Luisport (OP)

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08/03/2012 08:44 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
47 szerohedge‏@zerohedge

Not Seasonally Adjusted NFP change from June to July: -1.248 Million jobs
Anonymous Coward
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08/03/2012 08:44 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Better the expected !!! Rally today ???
 Quoting: Limpan


YES!!! Futures: S&P 500 +0.9% DOW +0.7% NASDAQ +1.1%
 Quoting: Luisport


I would expect a drop-off before the end of the day. Could end up negative even. Would not surprise me, for this news would mean no QE, which is what the markets were hoping for.

This means Euro doom is still very much in our face and the Dollar will rise against the Euro once this pop-up is done and reality sets in. That is my guess.
Luisport (OP)

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08/03/2012 08:46 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
39 sBusiness Insider‏@businessinsider

The Worst News From Today's Jobs Report... [link to read.bi]
Anonymous Coward
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08/03/2012 08:46 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Wow, not bad really. 163,000 jobs added is at least positive, but I think I heard once that it needs to be over 300,000 before it really is ok.
 Quoting: Anonymous Coward 15022013


That number will be adjusted on Monday. They ALWAYS report bullshit on Fridays.
Luisport (OP)

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08/03/2012 08:47 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Better the expected !!! Rally today ???
 Quoting: Limpan


YES!!! Futures: S&P 500 +0.9% DOW +0.7% NASDAQ +1.1%
 Quoting: Luisport


I would expect a drop-off before the end of the day. Could end up negative even. Would not surprise me, for this news would mean no QE, which is what the markets were hoping for.

This means Euro doom is still very much in our face and the Dollar will rise against the Euro once this pop-up is done and reality sets in. That is my guess.
 Quoting: Anonymous Coward 15022013


With all this crazyness we never know...
<<LOOK`n thru YOU>>

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08/03/2012 08:48 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Wow, not bad really. 163,000 jobs added is at least positive, but I think I heard once that it needs to be over 300,000 before it really is ok.
 Quoting: Anonymous Coward 15022013


That number will be adjusted on Monday. They ALWAYS report bullshit on Fridays.
 Quoting: Anonymous Coward 21119566


Especially right before Aug 4th...The big boys can cash in at the peak today before whatever BIG event is suppose to happen tomorrow..lol--that`s just the word...
Anonymous Coward
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08/03/2012 08:49 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
zerohedge&#8207;@zerohedge

Today's absurd narrative: jobs stronger than expected due to record heat. QE still on
 Quoting: Luisport


That IS an absurd narrative. I can't even watch the news anymore hearing how they keep spinning this shit. Even Fox News, sitting around talking like everything's normal.
Luisport (OP)

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08/03/2012 08:51 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
14 sBusiness Insider&#8207;@businessinsider

The REAL Rise In The Unemployment Rate [link to read.bi]
Anonymous Coward
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08/03/2012 08:51 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Yeah cos they paid some people for half a day to dig some holes to make Obongo look better
Anonymous Coward
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08/03/2012 08:51 AM
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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
Those numbers don't indicate how many people with college degrees are working as servers at Applebee's, how many former managers are now working as Walmart greeters, etc. Totally bogus.
Luisport (OP)

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08/03/2012 08:55 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
21 szerohedge&#8207;@zerohedge

BBG on jobs: Gain function of seasonal auto sector issues; “one-time affair, not a permanent shift”
Luisport (OP)

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08/03/2012 08:56 AM

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Re: HERE COMES THE JULY JOBS REPORT... PRIVATE payrolls jump by 172K!!! BUT UNEMPLOYMENT RISES TO 8.3%!!!
36 szerohedge&#8207;@zerohedge

Spot the outlier: Birth Death adjustments in 2010, 2011 and 2012: +6K; +5K; and +52K

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