Re: Labor Market Indicator Q



digitalcolony wrote:

"Also true forward looking indicators of the labor market are signaling
weakness: temporary employment is down; the Help Wanted Index is
sharply decelerating; and the online equivalent of the Help Wanted
Index - the Monster.com Index - is also sharply decelerating."

My Q:
With the exception of retail, doesn't most hiring slow to a crawl
during the holidays? Do these indexes mean that much going into
Thanksgiving?

Correct. Look at the above indicators after people sober up from their New Year parties. Between Thanksgiving and Christmas, the U.S. wants are dead except for temp help at stores and bell ringers for the Salvation Army.

Bob Kolker


Bob Kolker


MAS

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