Wall Street Manna

An irreverent look at Wall Street

Thursday, June 10, 2010

Job outlook getting better

In a sharp reversal from the previous 15 months, more people quit their jobs in the past three months than were laid off. And that’s a good sign, economists say...

Nearly 2 million people quit their jobs in April, the highest number of resignations in more than a year, according to the Bureau of Labor Statistics (BLS). By contrast, 1.75 million people were laid off in April, the fewest since January 2007.


At June 10, 2010 at 8:27 PM , Blogger whydibuy said...

This employment game is really getting out of hand.

This constant trying to "read" into things is getting old. If there was a real recovery, we would be gaining 300k jobs a month plain and simple.

That there has been no improvement in jobs since the start of this so called recovery tells me its been all smoke and mirrors and GS.

But the wall street game needs whipsaw action so the games go on and on.

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