DislikedThey reduced the size of the overall labor pool. Basically, if you haven't actively looked for a job in the last four weeks, they remove you from the labor pool.
They decided that 422,000 people last month just didn't want to work anymore and removed them from the pool.
I find it interesting that the dollar strengthened so much, but gold only dropped $5/ounce. The smart people holding gold know that today's action will quickly reverse.Ignored
I guess CIT ok now ... and Fannie mai .. do not worry they only lost 15 billion .. better than 40 billion I guess ... stock goes up !! lol
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