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North American economy in retreat

Gambler
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1 year 10 months ago #126949 by Gambler

Gambler replied the topic: North American economy in retreat

Good call DJ

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lynnsa10
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1 year 10 months ago #126944 by lynnsa10

lynnsa10 replied the topic: North American economy in retreat

DJ very close 531k

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Gambler
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1 year 10 months ago #126943 by Gambler

Gambler replied the topic: North American economy in retreat

I predict a bad flop. 220k

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alexgreat
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1 year 10 months ago #126942 by alexgreat

alexgreat replied the topic: North American economy in retreat

I think weak 320k

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DearJohn
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1 year 10 months ago #126941 by DearJohn

DearJohn replied the topic: North American economy in retreat

Any guess on jobs number. Consensus is 450k. I predict rebound 540k

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alexgreat
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1 year 11 months ago #126855 by alexgreat

alexgreat replied the topic: North American economy in retreat

Not very good numbers today

Nonfarm payrolls increased by 194,000 in September, compared with the Dow Jones estimate for 500,000.

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lynnsa10
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2 years 3 months ago #126658 by lynnsa10

lynnsa10 replied the topic: North American economy in retreat

Came in at 559K, so a bit of a miss as you suggested

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alexgreat
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2 years 3 months ago #126656 by alexgreat

alexgreat replied the topic: North American economy in retreat

Alex, I think another miss, lower number, too many people don't want to work

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alexgreat
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2 years 3 months ago #126655 by alexgreat

alexgreat replied the topic: North American economy in retreat

Economists expect the report to show that non-farm payrolls increased by 650,000 jobs, marking a significant acceleration from last month's tepid gains. The unemployment rate is also expected to have fallen to 5.9%, from 6.1% in the prior month, while average hourly earnings likely rose 0.2%, after gaining 0.7% in April.

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lynnsa10
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2 years 8 months ago #126166 by lynnsa10

lynnsa10 replied the topic: North American economy in retreat

Don't forget XMAS seasonal hiring, well at least at Amazon lol I say +50k

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alexgreat
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2 years 8 months ago #126165 by alexgreat

alexgreat replied the topic: North American economy in retreat

I think number will be weaker, -20k

Consensus estimates see 75,000 jobs added last month, less than a third of November's gains, as the coronavirus spread rapidly across the U.S. A number of Wall Street firms even see negative job growth, with predictions from Goldman Sachs, JPMorgan, Credit Suisse and Barclays ranging from a loss of 25,000 to 50,000 positions.

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RonS
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2 years 9 months ago #126028 by RonS

RonS replied the topic: North American economy in retreat

Good interview with Richards

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