Thread: Guess the Jobs Report - Jan 2013

Only off by 1,000, wow that's close.

Thanks Tom! My first win on the site!

Originally Posted by nnuut

Only off by 1,000, wow that's close.

A little too close. I think this contest was frixxxxed.

Originally Posted by tsptalk

A little too close. I think this contest was frixxxxed.

Nice, Actually there is a web site that I use that is fairly accurate (I didn't use their number)....Not exact, but what is!

I may have thrown people off with the 180,000 estimate from briefing.com.

When the number was announced, +157,000, the reporter said it was about in line with estimates. I also heard 160K estimated on another channel.

By the way, is this rally triggered by the 7.9% unemployment rate? Remember, the Fed said interest rates will remain low until we hit 6.5%, so this higher than expected unemployment rate keeps us closer to low rates. If it came in at 6.9% would we be tanking?

Originally Posted by tsptalk

By the way, is this rally triggered by the 7.9% unemployment rate? Remember, the Fed said interest rates will remain low until we hit 6.5%, so this higher than expected unemployment rate keeps us closer to low rates. If it came in at 6.9% would we be tanking?

The revisions to November and December job numbers triggered the rally. + huge. The markets got a 2nd jolt around 10am I think when a good SMI report came in.

Originally Posted by tsptalk

I may have thrown people off with the 180,000 estimate from briefing.com.

When the number was announced, +157,000, the reporter said it was about in line with estimates. I also heard 160K estimated on another channel.

The site I use listed 161K expectation I lessened the number because the revisioning of the past two months affect this month and covered the spread I usually see to the low side.