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  Topic: The Whole World Will Be
Watching Today´s Jobs Report —
Here´s What You Need To Know
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The Whole World Will Be
Watching Today´s Jobs Report —
Here´s What You Need To Know

Business Insider, by Matthew Boesler

Original Article

Posted By:Pluperfect, 1/4/2013 5:58:28 AM

Due out this morning at 8:30 AM ET is the December nonfarm payrolls report from the BLS, and the release of the FOMC minutes Thursday afternoon from the Federal Reserve´s latest policy meeting just made it a lot more interesting. The Fed recently announced that it would tie its interest rate policy guidance to a 6.5 percent unemployment rate threshold – meaning unemployment data has taken on special significance for markets. Thursday´s FOMC minutes release revealed, however, that the Fed is already discussing scaling back or ending quantitative easing as soon as later this year,

      


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Reply 1 - Posted by: Sfacheem, 1/4/2013 6:19:16 AM     (No. 9097726)

Awesome.
Well here´s my non-farm payroll job addition report: I still don´t have one.

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Reply 2 - Posted by: planetgeo, 1/4/2013 6:43:22 AM     (No. 9097755)

Seriously, who the heck really believes any of the BS data that the BLS puts out for this regime?

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Reply 3 - Posted by: Bad Dog, 1/4/2013 6:54:37 AM     (No. 9097760)

Ditto, #1. Post of the Day.


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Reply 4 - Posted by: JAN, 1/4/2013 6:59:29 AM     (No. 9097769)

Breathlesly waiting for the next chapter in the book of fictional statistics from the liars in our government.

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Reply 5 - Posted by: NorthernDog, 1/4/2013 7:00:54 AM     (No. 9097773)

They are still quibbling over a change in jobs in the tens of thousands, while 20 million+ are either unemployed or underemployed. And how many are working 2-3 PT jobs and are thus ignored by our policymakers?

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Reply 6 - Posted by: miceal, 1/4/2013 7:01:15 AM     (No. 9097775)

Lies, lies, and yet more lies reported by the enemy media.

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Reply 7 - Posted by: Spidey, 1/4/2013 7:18:03 AM     (No. 9097794)

How can you justify another year extension of unemployment if the national rate is 7.7% unemployment.I thought if states got under 8% they were booted of more extensions.If anything the extension should have been 6 mos,with a stern warning there wouldn´t be any more. Castro fired 1000´s of government bureaucrats and guess what private sector hirings are skyrocketing.

There´s a huge blanket excuse for lazy people these days and that is there ain´t no jobs.It´s become so ingrained that people routinely believe it now.

How can you blame high unemployment on tax cuts for the rich unless you believe that money should be used for thin air government job creation. All these kinds of jobs have a negative return and don´t contribute to growth.

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Reply 8 - Posted by: bpl40, 1/4/2013 7:19:02 AM     (No. 9097796)

Wouldn´t be surprised if there is a re-statement of the months leading up to the election. Zippy now has no use for the phony reports, he may allow the truth to seep through. Let us see.

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Reply 9 - Posted by: Nimby, 1/4/2013 7:53:48 AM     (No. 9097854)

It´s after all numbers that can be manipulated

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Reply 10 - Posted by: Judith, 1/4/2013 8:36:58 AM     (No. 9097936)

Revised report to follow shortly....when no one is looking.

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Reply 11 - Posted by: Mr. Know-It-All, 1/4/2013 11:17:37 AM     (No. 9098346)

BLS administrators, obviously vying for top slots in the soon to be created new cabinet level bureaucracy, The Ministry of Truth.

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Reply 12 - Posted by: NYbob, 1/4/2013 11:57:39 AM     (No. 9098421)

Oh, I´m sure the Fed will end qualitative easing and Operation Twist. All such programs will be replaced by a new initiative, ´Project Go For Broke,´ will install a rheostat switch on the President´s desk. When a new ´stimulus´ idea is presented to the President and he needs funding, he can just twist the dial to unleash a trillion or so at a time. The common sense ´laws´ controlling any abuse of this innovation are that he can only do it when he is actually IN the Oval office and the dial only goes up to eleven.

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