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Wednesday, 11/06/2002 12:44:31 PM

Wednesday, November 06, 2002 12:44:31 PM

Post# of 704019
FROM OI:>>>Jim, Saw a brief note in IBD that Reuters reported the unemployment rate would have come in at 6% vs the 5.7% without a "mysterious jump in farm-based jobs". "Since June some 415,000 jobs have been created in agriculture." "A USDA official said there's no industry change to account for the pickup."
Pretty amazing to get a decent jobs number from a unexplainable source just before a tight election.....Ron

Come on Ron, that would imply a conspiracy! (grin) Just because the numbers for most government economic reports have been revised significantly recently does not mean that someone is trying to influence the markets. It just means they ran out of fingers and toes and their etch-a-sketch tablets may be wearing out. Surely there is no conspiracy in the government just because there have been dozens of "earnings" scams reported in the corporate world lately. We all understand the government is all knowing and infallible. Just ask them. Restatements are for our benefit. If they had posted the right numbers in the first place we might not have been able to take it. You know what wimps we consumers are. As for the +415,000 jump in unexplained agriculture jobs…that is probably just new coverage of Al Queda infiltrators that were previously left off the prior surveys. No problem. <<<




Joe

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