Recovery Sign?

E

exce26

*Payrolls rose 39K, very close to the +30K consensus and the July increase was revised up to +67K from +6K

*The unemployment rate, which fell two tenths to 5.7% vs the 5.9% consensus

*Intel's guidance last night which was largely in-line with expectations

Is this a beginning of recovery sign?
Well, If we get through the worst Sept performance market glitch, we may see some hope later.....


:D
 
consolidated freightways will add nearly 15000 to the new unemployment claims.

zane . . Fri, Sep 6, 9:41AM ET
Manufacturing employment declined by 68,000 in August; this compares with losses in the prior 4 months that averaged 18,000. In August, job losses were widespread, including substantial declines in electronic and other electrical equipment (-18,000) and industrial machinery and equipment (-13,000). After remaining fairly steady from January through July, employment in fabricated metal products decreased by 10,000 in August. Rubber and plastics manufacturing lost 7,000 jobs......Retail trade, which had shown little change on balance since February, lost 55,000 jobs in August. A decline in department store employment (-41,000) accounted for most of the drop.
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