Friday, March 04, 2011

February Jobs Report

Well, here it comes. At 8:30 we'll get the latest take on the economy and since it didn't snow in February this number should be off the chart. Despite record levels of food stamp participation, rapidly decline household employment participation and increasing layoffs, the expectations for this number keep growing.

The consensus is almost 200,000 jobs and the whisper number is probably well above that. Yesterday's move up was largely based on expectations of a blowout number today.

I'll update further after the info hits the BLS website.

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