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What is your expectation for tomorrow's job report?

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:28 AM
Original message
Poll question: What is your expectation for tomorrow's job report?
Job creation/loss numbers for March to be reported tomorrow (Friday). What's your guess?
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:29 AM
Response to Original message
1. It will be the typical spin framing: They'll announce a gain
and then revise it downwards when no one is looking.
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Hosnon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:32 AM
Response to Reply #1
3. And the failure to create a million jobs will send DUers into a tizzy - like clockwork. nt.
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DrDan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:32 AM
Response to Original message
2. I think flat . . . that would be a positive sign imo
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Hosnon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:33 AM
Response to Reply #2
6. I agree. I think we'll see modest gains, somewhere around 100,000. Which will be good news.
The trend continues to be up and we have started creating jobs.
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Burma Jones Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:32 AM
Response to Original message
4. I think it will make for a Good Friday
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AngryAmish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:32 AM
Response to Original message
5. I suspect some people will be unemployed.
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:35 AM
Response to Original message
7. small job growth. RIGHT WING SPIN: it's because of the hiring of all those census workers!
Wait for it...you'll see. I have already heard it from one right winger...
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Llewlladdwr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:57 AM
Response to Reply #7
9. Are you suggesting ...
that hiring 800,000 census workers ISN'T going to affect unemployment statistics?
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 01:31 PM
Response to Reply #9
12. Is that how many were hired?
No, I'm sure it has some effect but the right wing just wants to put down the whole stimulus plan of the Obama administration. THAT's what my point is here...
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Llewlladdwr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 03:51 PM
Response to Reply #12
13. Not the entire 800,000 yet.
But that's the number that will eventually be hired. At least according to my spouse, who'll be starting with them in a couple of weeks.

The really bad part is that the job only lasts a few months. So any gains we see in employment due to census workers being hired are going to be reversed...just about in time for the mid-terms. :(
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 11:37 AM
Response to Original message
8. I expect them to report a small gain....whether that is true or not is
a different question.
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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 12:48 PM
Response to Original message
10. Goldman Trims March US Payrolls Forecast to 200,000
http://www.cnbc.com/id/36134408

Goldman Sachs lowered its forecast for the March U.S. payrolls report to a gain of 200,000 jobs from its previous expectation of a 275,000 rise, Edward McKelvey, an economist with the firm, said Thursday.

Friday, is seen as the biggest event on the monthly calendar of U.S. economic data and as the most comprehensive jobs reading because it includes both private and public sector employment.

Economists expect a rise of 190,000 in March payrolls, according to the median of responses in a Reuters poll, following a 36,000 drop in February.

Before changing their forecast, Goldman had said in a research report there were downside risks to their projection.
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 07:41 PM
Response to Reply #10
14. We will know in 12 hours
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 01:03 PM
Response to Original message
11. pain
as Mr T. would say.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-01-10 07:42 PM
Response to Original message
15. census hires=some gains
Edited on Thu Apr-01-10 07:43 PM by Kurt_and_Hunter
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