Retailers and construction companies just weren't hiring last month. Retailers did less hiring this holiday season.
More Quotes from Richard Yamarone:
Inflation pressures are rising, but at a subdued pace.Richard Yamarone
We gave back some ground because the data proved that the economic slowdown isn't necessarily a sure thing, ... If consumer confidence remains at near all-time highs, the economy will continue to expand.
Richard Yamarone
The December inflation picture may look relatively benign, but the early 2006 outlook is considerably different.
Richard Yamarone
August isn't exactly a barnburner for job creation. It didn't appear as if corporate America flicked on the hiring switch last month. I think there were a lot of problems plaguing big business. So I don't think we're going to get a big jobs number.
Richard Yamarone
This is good news. For all intents and purposes, this is really good data. Some equities should rally on this.
Richard Yamarone
The economy is motoring along and we are indeed creating more than a decent amount of jobs. But there are a number of hurdles that lie in our path of prosperity record energy prices and the economic consequences of Hurricane Katrina.
Richard Yamarone
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