Challenger Job-Cut Report For June At 39.358
Job losses kind of flat in the last three months. Chart 1. Challenger Job-Cut Report
Posts Tagged ‘Challenger Job-Cut Report’
ADP Employment & Challenger Job-Cut Reports For April
ADP Employment rose 32,000 in April vs. revised rise of 19,000 March. Challenger Job-Cut Report announced layoffs fell from 67,611 in March to 38,326 in April. We will have positive Nonfarm payrolls on Friday, the question is will the actual number reach consensus of +200,000. Chart 1. ADP Employment Chart 2. Challenger Job-Cut Report
ADP Employment & Challenger Job-Cut Reports
ADP Employment fell 20,000 in February vs. decline of a 22,000 in January. Challenger Job-Cut Report announced layoffs fell from 71,482 in January to 42,090 in February. If we rely on these reports as a indication of nonfarm payrolls we could be heading for a better than (50,000) consensus reading on Friday. Chart 1. ADP […]
Gold vs. U.S. Dollar Decoupled
…at least for one trading session. Belisarius was occupied with his new firm in last few days so his blog suffered a little; now he’s back fully operational. Back to the theme; yesterday someone took a large position in gold and surprisingly moved the precious metal up on a positive dollar day. Media and blogosphere are full of various theories and reasons for the action. From India’s central bank buying MMF gold (Bloomberg story: IMF Sells Gold to India, First Sale in Nine Years) to “informed” buyer taking the position ahead of today FED interest rate decision/statement and rumors of big financial institution in trouble.