North American Unemployment

I'm not sure why everyone is so worried about a little dollar devaluation when we are a net importer. This doesn't seem like the end of the world to me.
 
Quote from Kassz007:

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aGAoGzTnom_k&pos=1

U.S. Adds 151,000 Jobs, Unemployment Holds at 9.6%


http://noir.bloomberg.com/apps/news?pid=20601082&sid=axYMexm97goA


Canada adds 3,000 jobs, unemployment declines to 7.9%




Lower USD helping the North American economy? Hmmm....
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Ever heard of the birth/death model?

Or wait, you're every bit as much of a duplicitous, hypocritical bureaucrat who parades around headline numbers, but never re-appears when they are INEVITABLE redacted and restated months later.

Inflate away, right? That'll cure everything.
 
Quote from clacy:

I'm not sure why everyone is so worried about a little dollar devaluation when we are a net importer. This doesn't seem like the end of the world to me.
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USD devaluation is great for North America.

For the USA - exports are more attractive, debt is easier to pay down


For Canada - any pickup in economic activity in the USA benefits us. The hit exporters take from a higher CAD would undoubtedly be offset by increased economic activity in the USA
 
Quote from denner:

Ever heard of the birth/death model?

Or wait, you're every bit as much of a duplicitous, hypocritical bureaucrat who parades around headline numbers, but never re-appears when they are INEVITABLE redacted and restated months later.

Inflate away, right? That'll cure everything.
More...

Your arguing about insignificant, immaterial points. The exact numbers are irrelevant. The point is, employment is INCREASING not DECREASING.

And please check your facts before posting, September's numbers were revised BETTER than previously reported...

It's quite suprising to me how some bears can take positive news such as 151,000 jobs being created and somehow think this is a negative...
 
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