The Markets Are Set For A Big Open Today, When Do We See Jobs?

[tekisui]

The DOW is set to open up about 200 points, on hopes of the "bank plan". That's all well and good, but we know that means little to nothing for the worker out of work.

When will we see job numbers improve?

[rfranklin]

1. Sometime after we stop bailing out the banks...

that should have been taken over lock, stock and barrel last fall.

[lamp_shade]

2. Maybe later this afternoon.

[tekisui]

3. For real?

Is a report due? Will it be a slowing in the negative trend, a flat line, or an improvement? Any of those would be better than what has been the norm.

[northernlights]

4. well here in Maine

if you run a tree service, you already have work. They started readying the roads in anticipation before the stimulus was even through.

And if you work for the DOT, then you'll be off to work once the frost heave season is officially over.

Also, if you fell for the state's $250 "weatherization" course to become "Maine certified," then you're prepared to competitively bid on the few jobs that are lined up with prices set by the towns (they will naturally go to contractors who already know how to weatherize and are related to/friends with the contract holders, but no matter, they state already got your $250). The ad I saw for the course literally said (this is no joke, although it should be) that weatherization can be a simple as piling newspapers in the attic. Who knew? :shrug:

[madrchsod]

5. by the end of the year there will be progress on rehiring laid off workers

job creation is a whole different problem

[NOW tense]

6. End of June. n/t

[fasttense]

7. This will be just another jobless recovery.

Until Obama starts taxing the uber elite, quits using our tax dollars to rescue Goldman Sachs executives, increases middle class wages and gets Unions involved in the problem nothing is going to change in the job market.

This give away to the banks is based on the belief that the only problem with the economy is confidence and perception. Just another free market scam of the middle class.

I guess Obama has to try all the bad ideas first.