Employment Surprises To The Upside… Temp Help Rising Again Also

“Davidson” submits:

The employment reports indicate trends in place since 2009 remain intact. The Household Survey which is the only measure of self-employed added 83,000 while the establishment report showed a gain of 266,000 with upward revisions to Sept and Oct reports. Employment gains remain very much on trend since 2009 with no signs of weakening. Temporary Help Svcs were reported higher with prior months also revised higher. This series is helpful in anticipating future employment trends and appears to be in the process of shifting higher after a stalling for 10mos. Vehicle SAAR(Seasonally Adjusted Annual Rate) estimated to be 17mil is holding steady displaying no signs of slowing.

(Click on image to enlarge)

(Click on image to enlarge)

The economic reports released this morning should provide support for higher equity prices and an optimistic investor shift.

Disclosure: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...

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