Message from discussion OT...unemployment rate
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From: rvfulltime <rvfulltime.nosp...@isp.nospaam.com>
Subject: Re: OT...unemployment rate
Date: Sat, 06 Oct 2012 20:20:01 -0700
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On 10/6/2012 4:06 AM, Hank wrote:
> Reports show that the unemployment rate has dropped to 7.8% and the stock market hit a 5 year high.
> Just sayin' :-)
True to the news media, they only tell some of the story. They did not say
whether or not those figures were "seasonally adjusted". Come fall, the
unemployment rate usually drops because fewer people are looking for work.
Specifically, students are no longer looking for work. Seasonally Adjusted data
reflects this regular anomaly, just the same as unemployment rates drops in
December and goes back up in January.
Regarding the stock market, the U.S. stock market is one part of a global
investment community. The major players are: U.S. Stock Market, U.S. Bond
Market, European Stock Market, European Bond Market, and Emerging Markets
including China and India. The U.S. Bond Market is at record level low return,
Europe is doing awful, and Emerging Markets are high risk. That leaves the U.S
Stock Market as the best of a group of weak choices.