http://www.earnforex.com/blog/2008/03/nonfarm-payrolls-depress-dollar/ My Forex experience and some Forex related information that might be useful to other traders Thu, 07 Aug 2008 20:20:06 +0000 http://wordpress.org/?v=2.6 http://www.earnforex.com/blog/2008/03/nonfarm-payrolls-depress-dollar/#comment-630 Andrei Fri, 14 Mar 2008 07:11:23 +0000 http://www.earnforex.com/blog/2008/03/nonfarm-payrolls-depress-dollar/#comment-630 Actually unemployment rate error, about which you are talking, is relatively constant. So, the changes of the rate wouldn't be bothered with this error. Actually unemployment rate error, about which you are talking, is relatively constant. So, the changes of the rate wouldn’t be bothered with this error.

]]> http://www.earnforex.com/blog/2008/03/nonfarm-payrolls-depress-dollar/#comment-626 Lea-Marie S. Thu, 13 Mar 2008 22:04:23 +0000 http://www.earnforex.com/blog/2008/03/nonfarm-payrolls-depress-dollar/#comment-626 Official statistics for US unemployment should be read tongue-in-cheek: the unemployed are only counted so long as they are drawing unemployment checks. That means that if a person's unemployment has expired, they are no longer in the system. In reality, true unemployment rates may be far higher. A much more accurate indicator of true US unemployment is the break-down of consumer spending. As people have to support more members of their families, less is spent on luxury items, and more is spent on consumer necessities such as food and gas. Looked at that way, the overall statistics regarding prices on consumer goods and services going up while unemployment goes up makes more sense. Official statistics for US unemployment should be read tongue-in-cheek: the unemployed are only counted so long as they are drawing unemployment checks. That means that if a person’s unemployment has expired, they are no longer in the system. In reality, true unemployment rates may be far higher. A much more accurate indicator of true US unemployment is the break-down of consumer spending. As people have to support more members of their families, less is spent on luxury items, and more is spent on consumer necessities such as food and gas. Looked at that way, the overall statistics regarding prices on consumer goods and services going up while unemployment goes up makes more sense.

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