NFP consensus -8,000

+60K on private sector. Since gov't all over the country are laying off workers by the thousands, its important to focus only on the private sector. Therefore, I predict a moonshot today w/close above 11,100 on the DJIA.
 
All of the sudden you can have job losses in all sectors but private sector adds 60,000 jobs and everything is better. Job losses are job losses.
 
Quote from ralph00:

+60K on private sector. Since gov't all over the country are laying off workers by the thousands, its important to focus only on the private sector. Therefore, I predict a moonshot today w/close above 11,100 on the DJIA.
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So, the buying power of 60.000 new formed jobs in the private sector outweighs the job losses of government by far ?

How much of additional purchasing power is this - in % points ?
 
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