August Jobs Report – Another Lie - News and Current Events | futures io social day trading
futures io futures trading


August Jobs Report – Another Lie
Updated: Views / Replies:348 / 2
Created: by Victory Trader Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

August Jobs Report – Another Lie

  #1 (permalink)
Membership Revoked
LA, California, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL,ES mainly
 
Victory Trader's Avatar
 
Posts: 530 since Sep 2011
Thanks: 205 given, 373 received

August Jobs Report – Another Lie

New jobs created for the month of August came in at 96,000. The experts estimated that number would be 140,000. So much for the experts. June’s Job Report was revised down from 80,000 to 64,000 jobs created. July’s likewise was revised down from 163,000 to 141,000. So in two months we have a miscalculation amounting to 38,000 jobs. If we question these revisions they tell us that they keep changing because it is a fluid situation and they just can’t keep up with it.

Approximately 2 billion shares of stock are traded on the New York Exchange daily. There are about 6000 different companies on the NYSE and trades are being made all around the world, yet these numbers are calculated accurately to the second. With these jobs numbers we are looking at the simplest of calculations and yet the discrepancies run into the thousands and they are not discovered until a month later.

August Jobs Report ? Another Lie | _

Reply With Quote
 
  #2 (permalink)
Membership Revoked
LA, California, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL,ES mainly
 
Victory Trader's Avatar
 
Posts: 530 since Sep 2011
Thanks: 205 given, 373 received

Record 88,921,000 Americans ‘Not in Labor Force’—...

...119,000 Fewer Employed in August Than July

The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000.

The Labor Department counts a person as not in the civilian labor force if they are at least 16 years old, are not in the military or an institution such as a prison, mental hospital or nursing home, and have not actively looked for a job in the last four weeks. The department counts a person as in “the civilian labor force” if they are at least 16, are not in the military or an institution such as a prison, mental hospital or nursing home, and either do have a job or have actively looked for one in the last four weeks.

Record 88,921,000 Americans ?Not in Labor Force??119,000 Fewer Employed in August Than July | _
============================
Just to add to the above article.

Reply With Quote
 
  #3 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received


another informative site

Daily Job Cuts - Layoff News , Job Layoffs 2012 / 2011 , Bankruptcy, Store closings, Business Economy News

Reply With Quote

Reply



futures io > > > > August Jobs Report – Another Lie

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
FED SET TO PUMP: Jobs growth brakes in August, seen forcing Fed's hand Victory Trader News and Current Events 0 September 7th, 2012 01:34 PM
Fears Grow That August Will Show Net Loss in Jobs Picture Quick Summary News and Current Events 0 August 25th, 2011 06:30 PM
Why the Strong Jobs Report May Not Mean All That Much Quick Summary News and Current Events 1 January 5th, 2011 01:19 PM
CL and Jobs Report tderrick Commodities Futures Trading 4 October 8th, 2010 12:43 PM


All times are GMT -4. The time now is 11:37 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-17 in 0.08 seconds with 19 queries on phoenix via your IP 54.221.73.186