Friday, January 6, 2012

More Bogus Unemployment Numbers

Since a picture is worth a thousand words, here a few million "words" on the job report released today.  Pick your source.  Why should I write more criticisms of the unemployment numbers released today when thousands of other writers and commentators have already done so for me?

Until there is a gain in unemployment, a REAL gain, there will be no bottom to the U.S. residential real estate market.  Realize the gain in employment is a sign of the bottom, not a catalyst for a new bull market.