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| User Info | NY Times: WS Sees Silver Lining in Economy ; entered at 2007-12-02 08:48:00 | |||
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Zee Posts: 646 Registered: 2007-08-28 Sunshine State 
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Quote:On Friday, the government is to disclose how many nonfarm jobs were created in November. Mr. Zandi and many economists expect the number to fall to about 75,000. “That will erode confidence in the economy,” he said. “It becomes self-reinforcing, and the economy will slide into recession.” Wasn't it the case that last month's employment numbers were simply the result of a mathematical model projection, not based upon actual numbers? Trying not to be cynical, but if the 'model' can cough out whatever, why does everyone think the number will be bad? 2007-12-02 08:48:00
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