From: "Randy H" 

If that were true then we shold have seen the number of new jobs increased even more
dramatically.

But we didn't now, did we?


"Gary Britt"  wrote in message
news:41144d9c$1{at}w3.nls.net...
> The given up looking for work crowd is offset by the found work as a
> self-employed or independent contractor types.  Actually more than offset
by
> them.
>
> Gary
>
> "Randy H"  wrote in message
> news:41141939$1{at}w3.nls.net...
> > Had many in the unemployed not given up looking for work, the true
number
> is
> > somewhere up around 7-8%.
> >
> > "Mark"  wrote in message
news:41140de7$1{at}w3.nls.net...
> > >  The unemployment rate remains at 5.5% it's not
likely to get
any
> > > lower than that for any appreciable time (never has). Perhaps we've
> filled
> > > all the jobs we're going to?
> > >
> > > "Rich Gauszka"  wrote in message
> > > news:41140765{at}w3.nls.net...
> > > > It appears that the terror alerts so liked by this administration
seem
> > to
> > > be
> > > > affecting hiring decisions of corporations.
> > > >
> > > > http://www.nytimes.com/2004/08/06/business/06CND-STOX.html
> > > >
> > > > Stocks fell sharply to new 2004 lows today after a
surprisingly weak
> > July
> > > > jobs report heightened concerns about a slowdown in
economic growth.
> The
> > > > dollar dropped and bond prices shot sharply higher. Oil prices
> slipped.
> > > > The stock declines were across the board, with only a few sectors
> > avoiding
> > > > the down draft as the three main indexes dropped 1.5 percent or
more.
> > Each
> > > > timed stocks tried to bounce back, more selling sent
them tumbling
> > again,
> > > > leaving all three market gauges near their lows for the
day at the
> > closing
> > > > bell.
> > > >
> > > >      Advertisement
> > > >
> > > >
> > > > For the day, the Standard & Poor's 500 stock index
dropped 16.73
> points,
> > > or
> > > > 1.6 percent, to 1,063.97, down 3.4 percent for the
week. The Nasdaq
> fell
> > > > 44.74 points, or 2.5 percent, to 1,776.89, down 5.9
percent for the
> > week.
> > > >
> > > > "Corporate chieftains are telling me that they are
scared about the
> > > > terrorist threat and it is weighing on hiring decisions and it is
> > weighing
> > > > on business investment decisions," said Richard
Yamarone, director
of
> > > > economic research at Argus Research.
> > > >
> > > > The July jobs report was supposed to be a cure-all, at
least for the
> > > > economic worries, with forecasts of an increase of 240,000,
following
> a
> > > weak
> > > > 112,000 in June. But the actual number was even weaker
then the June
> > > report,
> > > > with only 32,000 jobs created in July, the lowest total
since 8,000
in
> > > > December.
> > > >
> > > > "We thought the weakness was a blip, but it
wasn't," said David
> Hegarty,
> > > > head of United States equity trading at Commerzbank
Securities. "The
> > whole
> > > > move today is all jobs."
> > > >
> > > >
> > > >
> > >
> > >
> >
> >
>
>

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