If the jobs report is true to form it will be faked in predictible ways...
The retail jobs have not materialized...and the construction jobs have not gone away.
Likely the usual suspects will be the stars...health care, professional services (ie temps) and government...
Still this is a job market that has had it's expectations "dumbed down"...something Kongress and the White House are good at... No longer do we need 200,000 jobs to stay even... Now anything will do as long as it's a positive number.
What is being missed is the huge number of people who have dropped out of the labor force...because frankly there are no real jobs!
How can you explained 4000 people showing up for a couple hundred jobs at the new Walmart in Chicago...?
Hardly a tight labor market...
My hunch is that the fudge factors are fininshed in the jobs market...57,000 new jobs were "created" in September...and most of them were taken by illegal Mexicans, who now "do" work that Americans can't get (read don't want) because of the greed in corporate America.
POSTSCRIPT: ONLY MISSED BY 6000 JOBS! BUT STILL BETTER THAN THE AVERAGE ECONOMIST...!
