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NOYB
 
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Default OT--The Dow is up 30% from October '02...and the Nasdaq is up almost 70% from 1 year ago!

Interesting reading Gene...but here are the facts (from your source):


* Professional and business services added 66,000 jobs
* Architectural and engineering services increased by 9,000
* Health care and social assistance increased by 15,000
* Air transportation added 3,000 jobs
* Motor vehicle and parts dealers increased by 8,000
* Building material and garden supply increased by 7,000
* Construction employment continued to trend upward, with 137,00 jobs added
since February
* Employment in financial activities continued to trend upwards, averaging
an increase of 5,000 jobs per month over the last four months

In fact, the only things to fall were manufacturing jobs by 29,000, and
government jobs at the local education level (***after seasonal
adjustment***) by 44,000.

I should lend you my glasses with the rose-colored lenses to replace the
****-colored ones you're wearing. ;-)





"Gene Kearns" wrote in message
...
On Tue, 07 Oct 2003 00:45:26 GMT, "NOYB" wrote:


"Gene Kearns" wrote in message
.. .
On Mon, 06 Oct 2003 23:30:08 GMT, "NOYB" wrote:

To all you doomsayers...

Put *that* in your pipe and smoke it!

The stock market has always been a pretty good indicator of where our
economy is headed.

That's why it shed 10% of it's value from January 2000 through

December
2000...the year leading up to the recession.


I'll be more impressed when the jobless are being re-employed.


Good. Then August's payroll data report should have really impressed
you...a net gain of 57,000 newly hired.


No....NO....NOT good.... and *you* know or should know that it is not
good, too.... it is so a small percentage of the total as to be
negligible AND it is comprised largely of temporary help.

I had to read that little book, "How to Lie With Statistics" when I
was in school, too.... you aren't going to make any points on me
quoting crap like that...

For anybody who cares to know the *whole* story, see:

http://www.bls.gov/news.release/pdf/empsit.pdf

--



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