US Dollar and Jobs

    Posted by steve on 8th of Jan 2010 at 08:33 am

    The initial reaction here was to sell the Dollar on the weaker than expected numbers and thus Gold caught a bid after the report.

    The Labor Force has been declining which helps to reduce the unemployment headline number - no hiring and alot of government handouts impact those looking to join the Labor Force.

    This is bad

    Posted by parki48 on 8th of Jan 2010 at 09:18 am

    dollar fell sharply so did stock, these jobs numbers are bad news so why is it trying to recover. Surely they are not gonna try and rally this market after all that.

    CNBC's London reporter says Euroland

    Posted by beantrader on 8th of Jan 2010 at 09:13 am

    CNBC's London reporter says Euroland unemployment also went over 10% even with the flood of stimulus and the FX is moving higher.  He said he did not understand what is going on.

    Well, he isn't alone.  When everyone realizes their respective currencies are worthless pieces of paper; then, there may be enlightenment.

    2010 Census

    Posted by dylan398 on 8th of Jan 2010 at 09:55 am

    will be hiring up to 1 million for the spring....with jobs paying up to $30/hr.

    this is there plan for getting people back to work.....and getting re-elected.

     

    I worked for the last

    Posted by junkie on 8th of Jan 2010 at 10:35 am

    I worked for the last census in 2000 and was paid $10/hour. the sentiment was more favorable to the government back then. Probably $25/hour is the minimum that I would consider doing it, if I were totally broke and needed _that_ kind of money badly. People could lash out at you now, just because you do it for the government. It's not pretty.

    I will sell naked .05

    Posted by zach06 on 8th of Jan 2010 at 10:40 am

    I will sell naked .05 cent puts before I work for our Treasonous government.

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