Thursday, August 05, 2010

Jobs

Important number tomorrow is the private sector number, as the overall number will be skewed by the loss of Census jobs. Overall expect a negative number. Consensus forecast for private sector jobs is +83K. I'll take the under as I usually do... As I also do these days I'll hope for a really bad number, not because I hope for a really bad reality, just a really bad measurement in the hope that it spurs some action....