You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Oct Unemployment Rate
- Thread starter MrDODGE
- Start date
well it's clearly going up for the next few months if anyone has been paying attention- if it is better than expected i doubt we'll rally as we know it's just a blip- worse than expected still i think pres election matters more. IBD has it at 2% with 8% undecided...
It will probably increase a tiny bit 2/10 or 1/20, either way the more important question is will the market rise 3% 5% or 10% on the news?
The numbers would have to be reeealllllllllllllllllllllly bad for there to be a large selloff.
The numbers would have to be reeealllllllllllllllllllllly bad for there to be a large selloff.
Quote from IronFist:
Has anyone heard if they're going to extend unemployment benefits? I heard they do this "in times of economic hardship," and I think right now qualifies as that, but I haven't heard if they're going to do it or not.
When people can drive to the unemployment office and talk on their cellphones while in land it makes it a little hard for others to buy into the "right now qualifies"
When the unemployment rate goes over 12% then we can take a look to see if we have hardship but at 6% we just have the 'weakest ones' that CANT get a job.
Quote from 1Reason:
When people can drive to the unemployment office and talk on their cellphones while in land it makes it a little hard for others to buy into the "right now qualifies"
When the unemployment rate goes over 12% then we can take a look to see if we have hardship but at 6% we just have the 'weakest ones' that CANT get a job.
Wow, there is some utter ignorance. Based on your thinking all of the people who were laid off this past month are 'weak ones' that CAN'T get a job? What about all of the college students who have graduated and can't find a job that will pay close to market value?
By the poll choices, I assume you are using Slicky Willy's revamped calculation system for tabulating the unemployed. Which means that the correct number is about double that. Look it up.