Job's report due out on Friday: Expecting 160,000 created. Agree?

[xyboymil]

The job report is due out on Friday. Economists are predicting 160,000 jobs will have been created. Anything less will be disappointing.

July saw a pathetic 32,000 created and Kerry was all over it.

If August turns out poorly, Kerry needs to hammer this HARD.

Anyone guessing how many?

I am thinking better then July, about 85,000 but nowhere near 160K.

[Nicholas D Wolfwood]

1. Isn't the goal supposed to be 250k?

[iconoclastic cat]

4. Even that would be treading water.

We need like 350K, don't we?

[Langis]

2. I expect 0 or less then 0

Trust me, it's going to be bad... for Bush.

[PROGRESSIVE1]

3. 60-75K!

[nickinSTL]

5. it'll be bad

I certainly don't see any improvement.

[LuminousX]

6. Your figure of 85k sounds about right.

But well beneath what needs to be created to get America back to work.

[onehandle]

7. Bush is still down 6 million+ from his administration's predictions. nt

[xyboymil]

9. Exactly and yet another reason for Kerry to pounce on those numbers...

Say it over and over and over.

"Where are the jobs? Where in the hell is Osama Bin Laden?" :nuke:

[maine_raptor]

8. Economy needs 150 k per month just to stay even n/t

[CalProf]

10. 200K, which they'll revise down next month

After all, they can't have bad economic news coming on the heals of little caesar's big speech to the faithful!

[Worst Username Ever]

11. It will exceed predictions, then they will retract and give a lower number

[Catfight]

12. I expect a loss, many packages are finally depleted from layoffs and

now they'll request unemployment.

[barb162]

14. please explain "packages ...."

I am missing what you are intending here.

[Catfight]

20. When you get laid off, many times you get a "package," "Severance"

although, I like 'package,' it's more fun to say. Anyway, say you get 6 months severance and you still don't find a job, you apply for unemployment, therefore the numbers go back up. One person's unemployment runs out, one person is signing up, but neither of them have a job.

[barb162]

23. OHHHH

I always think of it as "severance package"

[barb162]

13. if one wal mart job gets added

bush will again say we're headed in the right direction and we're turning the corner and all of his followers (half the country?) will scream for joy and shout hallelujah.

I read on CNN's site earlier today that consumer confidence is down.

[SidDithers]

15. I'll guess low...

Maybe 50,000.

What I really wonder is if they follow their pattern, and revise July's 32,000 jobs down to something like 20,000.

Sid

[gratuitous]

16. If the number is low

If the number is low (below 150,000), don't look for it to be released with much fanfare. If the number is high or can be made to seem high (greater than five), it will be leaked early to make Stupidhead look good.

[lapfog_1]

17. Fox is already spinning this

expect only 40,000 or fewer.

[markses]

18. Minimum 240,000

Will then revise down to 140,000 in mid-September, page B-36. ;-)

[REVOLT823]

19. They always say that it is going to be around

150-160K, but it always comes out as lower.

[Arbustosux]

21. I predict at least 750,000 new jobs!

ahem....to be revised down to 100,000 next month

[gatorboy]

22. 1 Billion jobs!

And ice cream for everybody! Who wants ice cream????

[West Coast Democrat]

24. What are "economists" expecting?

[West Coast Democrat]

25. 150,000-160,000

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x10991

I wonder what they were expecting in July. Does anyone remember?

[gatorboy]

27. They were expecting 225,000 in July

And I'm sure they were expecting more for August then 160,000 but I guess that sounds like a safe number, considering.

[imax2268]

26. I say about 50K...

give or take a thousand...

but what kind of jobs will they be...?

[JohnDoe1]

28. The Good Ones

that promote the fundamental values of America. Landscapers, temporary manual laborers, and other jobs that pay very little

[snippy]

29. I think it may be very weak. Possibly even a job loss.

The economy is growing at below 3% and the July employment numbers for both the manufacturing and services Institute for Supply Management indices declined in July. And there has not been any significant upward movement in either the average workweek or hourly earnings in the last few months.

[Blue_Roses]

30. Hard to say...

School jobs will factor in. My child's school is still hiring teachers for all the unexpected kids who showed up. Still though no where near what is needed. I'll go with your estimate:)