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Stocks post modest gains as job losses slow (AP)

Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent. » Full Story on Yahoo! Finance
km

JOB LOSSES SLOW? NOT IF COUNT IT PERCENTAGEWISE OF THE JOBS THAT ARE LEFT... THE PERCENT LOSS IS INCREASING BECAUSE THE NUMBER OF JOBS IS DECREASING... GET IT RIGHT WHEN YOU REPORT...

posted Nov 7, 2009 |
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How about this scenario, If unemployment reaches 100 % there will be no more increase in unemployment and Obama and his followers will cheer.

posted Nov 7, 2009 |
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The value of the dollar is similar to your credit score. As you spend more, borrow more, the expectation is that eventually you may default and your credit score worsens. The fact that Obama and the Dems are spending more, borrowing more on record pace and are creating new pyramid schemese we can't pay for like health care (ala social security) the dollar as a measure of our nations credit score is falling.

I don't think the stock value is directly tied to the dollar value except that a lower dollar will increase potential us exports.

posted Nov 9, 2009 |
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THINK THE STIMULUS SAVED 650,000 JOBS?
Newspapers are investigating govt stimulus #'s & they don't add up
EXAMPLE 1.
North Chicago got 4.7million & feds say saved 473 teacher jobs but they employ only 290
Kankakee School District 111, stimulus report logged 665 full-time jobs saved. A top Kankakee school official said, the entire payroll full & part time is only 600 workers
http://www.chicagobreakingnews.com/2009/
11/data-on-stimulus-related-jobs-saved-created-d
ont-add-up.html

EXAMPLE
2
USA Today reported the manager of a public housing project in Blooming Grove, Texas, reported a gain of 450 jobs for $26,174 in stimulus funds for maintenance projects.An inquiry found he'd hired 6.
Some #s are hard to swallow. Plymouth, Conn., Police Dept reported gain of 108 jobs w/ a grant of $15,355
http://www.upi.com/Business_News/2009/11
/03/Stimulus-job-gains-in-question/UPI-489012572
58422/

posted Nov 9, 2009 |
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