July 09 Jobs report

[Subramaniam]

Better than expected jobns report buoy stocks.

http://www.reuters.com/article/ousiv/idUSTRE5762GN20090807?pageNumber=2&virtualBrandChannel=0

But the surprise is unemployment rate has gone down even though there were about 250K jobs lost in the last month. apparently this is explained by a fall in labor force participation. Not sure about what the latter part means or indicate.

 

[Satnam]

Better than expected jobns report buoy stocks.

http://www.reuters.com/article/ousiv/idUSTRE5762GN20090807?pageNumber=2&virtualBrandChannel=0

But the surprise is unemployment rate has gone down even though there were about 250K jobs lost in the last month. apparently this is explained by a fall in labor force participation. Not sure about what the latter part means or indicate.

Labor force excludes unemployed people who give up looking for jobs. Then there are adjustments for death and birth model. Without these adjustments the unemployment rate should be higher.