tag:blogger.com,1999:blog-6616959642391988608.post7394078836758812966..comments2024-03-19T02:45:37.685-07:00Comments on Calafia Beach Pundit: The Challenger report suggests a healthy jobs marketScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-24156546031243928442010-10-07T08:57:48.781-07:002010-10-07T08:57:48.781-07:00Rick: good point. You highlight how the unintended...Rick: good point. You highlight how the unintended consequences of government tinkering in the economy can foil the most "brilliant" of plans. The simple truth is that you can't create a stronger economy by printing money.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5581778027540686892010-10-07T05:48:43.043-07:002010-10-07T05:48:43.043-07:00Actually, if you aggregate data points, it appears...Actually, if you aggregate data points, it appears that, in general, businesses are showing increased interest in hiring temporary and part time workers, but they are not very interested in hiring full time employees. Also, if the Fed is going to err on the side of inflation by monetizing the debt, then the upwards price pressure on essential commodities like oil will put pressure on personal Rickhttps://www.blogger.com/profile/07767085539237536998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76370937442125896582010-10-06T09:03:27.538-07:002010-10-06T09:03:27.538-07:00No, but other things do. In any event, the ADP rep...No, but other things do. In any event, the ADP report is subject to revision, and it has not been tracking the payroll report well (because of census workers). I take all monthly jobs reports with a grain of salt. But in this case it appears to me that the preponderance of evidence points towards improvement.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47950655337505883692010-10-06T08:45:18.163-07:002010-10-06T08:45:18.163-07:00The ADP Employment Report does not confirm your op...The <a href="http://www.adpemploymentreport.com/pdf/FINAL_Report_September_10.pdf" rel="nofollow">ADP Employment Report</a> does not confirm your optimism.marmicohttps://www.blogger.com/profile/08277071086056574486noreply@blogger.com