Elliott Wave Live: Fuzzy Math Applied to Jobs Report

Friday, October 5, 2012

Fuzzy Math Applied to Jobs Report

Only 76 Net Jobs Per Day Created by Each State?

A small dose of Friday Humor!

The US economy added 114,000 jobs in the month of September. The markets reaction is of course bullish this number.

This post will not be taking an in-depth look into the report nor the shadow stats that John Williams provides. We will be taking a less educated , yet effective look on how a 5th grader, with no calculator or Harvard economics degree, could draw the following conclusions. Maybe you'll agree.

1. 114,000 jobs / 50 states = 2,280 jobs per state/per month

2. 2,280 jobs / 30 days per month = 76 new jobs per day per state

Sometimes we don't need a fancy degree to understand reality. Trillions of dollars in stimulus spending to gain 76 jobs.

Have a great trading day.

Best of Trading

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Friday, October 5, 2012

Fuzzy Math Applied to Jobs Report

Only 76 Net Jobs Per Day Created by Each State?

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