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Blame Job Loss On The Weather Now (No Kidding) - Europe Too ! |
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Written by David Spurr
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I happened to catch this and almost agreed, until I read it and thought about it.....Now they're blaming the job losses on the storms. How freaking sad !! Think about it. If companies are not hiring because of a storm, then how strong can the demand really be. I don't believe that there's really any true link between the storms and whether or not a company makes an economic decision to add employees. !! The government will spew anything out and the media will write it - no critical thinking at all.
Eurozone just released new stats on unemployment - Boy....It must be snowing hard over there too !:
The number of unemployed continue to rise - IMO - all the other stats about manufacturing, productivity etc., carry far less weight than the employment numbers. The euro started to rally today - until the U/E numbers were released. The Euro sold off sharply on the release.
David Spurr
Displaced EMA David has worked in the Financial Service field for over 20 years. He loves watching and trading the markets. He is still trying to learn to become a better trader. Copyright © 2008 Divid Spurr
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Economy 
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