What i find strange is no mention of job losses in the energy sector....Those jobs have been getting hammered the last two months and that is not represented in the data..

That's more granular than they typically get in terms of sectors, isn't it?

 

I can't see a political motivation not to mention it. It's happening due to the drops in oil prices, which is something the party of the President and the executive should want to highlight.

 

What i find strange is no mention of job losses in the energy sector....Those jobs have been getting hammered the last two months and that is not represented in the data..

http://www.bls.gov/news.release/empsit.t17.htm

Look at the jump in food services. Especially after the data that americans spent more at restaurants last month than grocery stores (I think that was the data point).

What i find strange is no mention of job losses in the energy sector....Those jobs have been getting hammered the last two months and that is not represented in the data..

It's not "no mention", it's certainly in the numbers, 9k drop in the mining industry, 2k drop in oil and gas, following similar declines in the previous couple months.

 

But, if you look at the total numbers employed by that industry, mining oil and gas are actually a very small employer overall in the country, so even regular declines by them are easily dwarfed elsewhere (especially if consumer spending can tick up because people have more money).

Anyone use a credit union?

 

Do you feel like there's a convenience factor lost? Feel the same as a bank with some perks?

Anyone use a credit union?

 

Do you feel like there's a convenience factor lost? Feel the same as a bank with some perks?

Main convenience lost is nationwide use, but at least for mine they have a partnership with PNC so they have ATM access throughout the region. I generally hate the nationwide bank I use to enable that so it feels like "small inconvenience" in exchange for generally better rates and frankly more effective security.

Main convenience lost is nationwide use, but at least for mine they have a partnership with PNC so they have ATM access throughout the region. I generally hate the nationwide bank I use to enable that so it feels like "small inconvenience" in exchange for generally better rates and frankly more effective security.

 

When you say better security is it because they are less attractive targets?

When you say better security is it because they are less attractive targets?

No, I can actually see that its harder to log into my account fraudulently. They legitimately have more safeguards in place. Takes me an extra 5 seconds every time.

Today marks the 83rd anniversary of the all-time low in the Dow Jones Industrial Average. On this date in 1932 the DJIA closed at 41.22.

So, today = Die Hard 3, right?

So, today = Die Hard 3, right?

 

Marketing campaign for Mr. Robot gone too far?

NYSE completely shutdown at 11:32 EDT.

http://www.nytimes.com/2015/07/09/business...WT.nav=top-news

 

Claiming due to software rollout this morning, not hack.

Anonymous @YourAnonNews

Wonder if tomorrow is going to be bad for Wall Street.... we can only hope.

8:45 PM - 7 Jul 2015

DGAF about anon.

DGAF about anon.

 

These acronyms have to stop, at this point there are just too many, and they're getting more and more ridiculous and long.

 

And yes, I know what it means.

These acronyms have to stop, at this point there are just too many, and they're getting more and more ridiculous and long.

 

And yes, I know what it means.

 

STFU

WHEEEEEEEEEEEEEEEEE

WHEEEEEEEEEEEEEEEEE

 

Yeah, these last 2 weeks have sucked for my accounts.

Yeah, these last 2 weeks have sucked for my accounts.

 

A true China recession is long overdue. The only real question is how much their government will let happen, and depending on how bad it gets, how much they can do to stop it.

WHEEEEEEEEEEEEEEEEE

 

Moved all of my retirement account out of the markets Friday.

The one thing that is really happy today is the VIX. The dow has had something like 1000 points worth of move from top to bottom. We have recovered about 700 points from the lows.

Moved all of my retirement account out of the markets Friday.

Not sure how much sense that makes. You know what they say about people who try to pick bottoms.

 

Moved all of my retirement account out of the markets Friday.

 

How old are you?

 

Seems like a gamble if you still have years and years left before retirement. Timing the market has never worked, even for the pros.