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US Private Sector Jobs fell 693,000
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In d past US (ALONE) is able to withstand world demand, like bubble dots. com, asian financial crisis. this time round it cannot as it need to revise it own economy n also world economy
US jobless rate is update for Nov 08 from 533,000 to 584,000, while for Oct 08 from 320,000 to 423,000 and Dec 08 stood at 524,000, driving jobless rate to it highest level of 7.2% since Jan 1993, suggesting prolong year-long US recession is deepening.
The revisions brought it non-farm payroll in the four months throught Dec to 1.9 million job lost, so this 1st Q of 2009 job losses is going as bad as last Q of 2008.
True. But I think there may be at least a short rally before/after the budget. Do you agree?
singaporegal ( Date: 07-Jan-2009 21:25) Posted:
This is much worse than expected.
There is no bottom yet. |
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As expected, would be knee jerking news for STI next Mon. Shortists, u may be on your marks on 100m sprint liao.
teeth53 ( Date: 10-Jan-2009 10:35) Posted:
Dec 2008 only...500,000 job lost in US
singaporegal ( Date: 07-Jan-2009 21:25) Posted:
This is much worse than expected.
There is no bottom yet. |
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Dec 2008 only...500,000 job lost in US
singaporegal ( Date: 07-Jan-2009 21:25) Posted:
This is much worse than expected.
There is no bottom yet. |
|
Hmm... a bit lost... why is DOW breaching below 8600 worrying?
Appreciate some enlightenment.. thks...
A grimes of hope, jangan tension. But still need to see local time next morning on DJ performance loh. AK go to bed b4 3 ones.
NEW YORK - US stocks opened little changed on Friday after dismal December jobs data was not as bad as feared, raising hopes that the worst of the recession's job losses was over.
idesa168 ( Date: 09-Jan-2009 23:36) Posted:
Sadly what I feared 2 days ago came true...sigh! 8600 hit!
idesa168 ( Date: 07-Jan-2009 21:59) Posted:
I think this piece of news will break the dream bubble ppl created since the new year. It's back to reality!
Tonight DJ might test 8,600pts.
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Sadly what I feared 2 days ago came true...sigh!
8600 hit!
idesa168 ( Date: 07-Jan-2009 21:59) Posted:
I think this piece of news will break the dream bubble ppl created since the new year. It's back to reality!
Tonight DJ might test 8,600pts.
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Ha ha, normally, AK go home quite late, owing to meet d frds session in my constituency,in kopitiam.
Hobbies; surfing net for mails(fr broker, frd fr kampong n local), reading news paper fr kampong n local etc. And at d same time open up broking house stock page for DJ n Nq updates loh.
^eddy^ ( Date: 08-Jan-2009 00:11) Posted:
| Mr AK,u will stay until morning to see DOW huh?? |
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This employment issue will take some time to sink in ...
I've written something about it here
A Local Online Bookshop for Business and Investment Books - www.theonlinebookshop.blogspot.com
singaporegal ( Date: 07-Jan-2009 21:25) Posted:
This is much worse than expected.
There is no bottom yet. |
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Imagine all those people losing their job throughout Christmas and New Year...must be esp hard to take.
Be grateful for food on the table and shelter over our heads.
singaporegal ( Date: 07-Jan-2009 21:25) Posted:
This is much worse than expected.
There is no bottom yet. |
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Mr AK,u will stay until morning to see DOW huh??
Till now not that bad loh, shed 190 pts. But not sure second half of the day loh.
idesa168 ( Date: 07-Jan-2009 21:59) Posted:
I think this piece of news will break the dream bubble ppl created since the new year. It's back to reality!
Tonight DJ might test 8,600pts.
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I think this piece of news will break the dream bubble ppl created since the new year. It's back to reality!
Tonight DJ might test 8,600pts.
ok.... haizzzzz
This is much worse than expected.
There is no bottom yet.
