Friday, May 2, 2008
April Employment Estimate
From Yahoo Finance and Briefing, the non farm payrolls estimate is for the loss of 75,000 jobs. Based on all of the information that I take in my guess is that the job losses will be much larger than that for a loss of 130,000 jobs. Again I may be skewed because how bad things are in finance around the New York City area. I also follow the residential rental market around the tri - state and it has been extraordinarily weak, plus the very small businesses I speak to all say that business has been weak.
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