Tag: employment
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A Slight Adjustment
” There are lies, there are damn lies, and there are statistics ” – Mark Twain “Statistics are like bikinis – what they reveal is suggestive, but what they conceal is vital.” – author unknown Yesterday was the release of both the Canadian and the US employment reports. Now, be warned, if you don’t want…
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Revising the Revision
I can always tell when people are bothered by something because I get a lot of calls, emails and messages on certain topics. Lately, the topic seems to be the employment report, and more importantly the revisions to the employment report. The tinfoil hat brigade seems to be out in full force lately with this…
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Kaboom!!
That loud bank you may have heard today was the employment reports being released this morning. While the US exploded, it appears Canada is imploding. The US employment report released at 8:30 this morning blew the doors off, with over 330K jobs created in the month of March. Coming in well above estimates, it confirms…
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Does the math, math?
At 8:30 EST this morning, the Canadian employment report rolled out. Of course the headline number showed that Canada added 37000 jobs. Cool, right? Well not so fast. Dig a little deeper and the numbers start to look a little less cool. On the net, yes, 37,000 jobs were created, however 49,000 of the jobs were part time, so…
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Here a Job, There a Job, Everywhere a Job Job
The US Employment report came out this morning, and traders are still trying to extinguish the flames from the rocket. While expectations had been somewhat muted, the employment report showed a 353,000 increase in employment – far exceeding expectations. Once we see the breakdowns, revisions, etc. we will have more clarity as to how truly good…
Ryan Sims insights, thoughts, and analysis 