Economists Expecting Faster Jobs Growth Now

MadJack

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http://www.cnbc.com/id/41461372

Economists are now expecting more rapid improvement in the unemployment rate, despite mixed messages in Friday's snow-blown jobs report.

Stocks have rallied and the dollar strengthened as a better economic view buoyed financial markets Monday. The better data also spurred a move higher in Treasury rates?and once again, has markets questioning the Fed's easing programs.

Over the weekend, Goldman Sachs economists trimmed their outlook to an unemployment rate of 8.6 percent by the end of the year, down from 9.0 percent. They now see 2012 at 8 percent, down from 8.3 percent.

The government reported January's unemployment rate at 9.0 percent, compared to the 9.5 percent expected by economists, and down from the December 9.4 percent.

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DOGS THAT BARK

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It certainly in nice to see some optimism after changing of the guard in November.

Let put the nightmare of past 2 years behind us--and hope history repeats as in did 1994.

:0074
 

Trampled Underfoot

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It certainly in nice to see some optimism after changing of the guard in November.

Let put the nightmare of past 2 years behind us--and hope history repeats as in did 1994.

:0074

You know jobs and unemployment is a trailing indicator, don't you?
 
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