The headline in the Financial Times blares, “Job data welcomed as markets await Fed.”
What job data, you might ask? Well, the great news that another 203,000 Americans lost their jobs last month.
Yes, yes, we understand that it’s the smallest number of job losses ADP has had to offer in a year-and-a-half. But the report was still a good deal worse than analysts expected. And it certainly offers some indication that the economic recovery—such as it is—hasn’t quite trickled down just yet.
But wait, there is some more good news from the ADP report: “Employment… is likely to decline for at least a few more months.”







Posted by guest , Nov 04, 2009 2:18PM
Abra CaSHAZBRA!
Posted by guest , Nov 04, 2009 2:31PM
i know it's unrelated, but dont know where else to send it, it's a ponzi scheme, and this pic is priceless. first pic out of the 2
http://www.miamiherald.com/466/story/1315619.html
Posted by guest , Nov 04, 2009 2:40PM
"Jobless recovery" is the best euphamism for inflation I've ever seen.
It's even better than the "regieme"/"country" euphamism.
Posted by guest , Nov 04, 2009 2:59PM
Uhh, uhh, ugh... SHAZOOOOOO!
Posted by guest , Nov 04, 2009 3:10PM
Greg, I am going crumble all the chips in your sour cream Pringles tube.
-Jeff Macke
Posted by guest , Nov 04, 2009 3:15PM
Sounds like a Radical Shazbatical.
Posted by guest , Nov 04, 2009 3:19PM
I just Shazed in my pants.
Posted by pfluger , Nov 04, 2009 3:34PM
@2:
Dose are nice watches. I got expensive watches too, ya know.
-cg
Posted by Anal_yst , Nov 04, 2009 3:34PM
wait for the downward revision to ~250m+
Posted by pfluger , Nov 04, 2009 3:35PM
@2:
Dose are nice watches. I got expensive watches too, ya know.
-cg
Posted by guest , Nov 04, 2009 3:49PM
Dear Mr. Shazar,
It has become apparent in quite a short period of time that your writing skills, though not quite up to Ms. Levin's level, are certainly a welcome change from the daily drivel/cut & paste from Yahoo News crap that Mr. Michaels subjected us to on a daily basis. For that alone you deserve a big thank you, or a least a polite golf clap from the DB community of readers/posters. You should also be aware that the vitriol you may have been directed toward you in your brief time at DB is nothing compared to that which poor Mr. Michaels had to endure. So, again I say to you bravo! Keep up the good work. However, If I could give you one peice of advice, it would be to consider a Nom de Plum. Jon without the h is a bit, well shall we say unconventional, it is by no means the distraction/easy mark that is Shazar. A career changing move would be to consider a benign surname like, Smith, Stevens, Sullivan or should you go ethnic try Sanchez or even Suarez. Any of these choices would go a long way in mitigating the distraction from your witty, informative, and comment inducing posts that I'm sure sure you're capable of. So, in closing I wish you all the best in your new endeavor at DB, and consider the advice given is only for your benefit and success.
P.S. If by chance Jon Shazar is your chosen pen name, then you my friend are a douche!
Posted by guest , Nov 04, 2009 4:13PM
@11 assuming you don't know, "Jon" and "Shazar" are Jewish names.
Posted by guest , Nov 04, 2009 4:23PM
@12
For the love of Christ, Rabbi, will you give it a rest?
Posted by guest , Nov 04, 2009 4:27PM
@13 Assuming you didn't know, Christ was a Jew.
Posted by guest , Nov 04, 2009 4:45PM
Greg's application for unemployement was denied, as the lady processing it said she couldn't understand one word he wrote.
Posted by guest , Nov 04, 2009 4:52PM
Some jury members out on Shazar. Seem's like he's trying to serve up intelligent comment with a sprinkle of snark and a twist of taunt.
Tits with socialism, please.