Monday, January 3, 2011

Contrasting Jobs Forecast From Calculated Risk and Mish's Global Economic Trends

Two of the better financial bloggers have different views on the Job forecasts for 2011
Calculated Risk and Mish's Global Economic Trends


Jobs Forecast 2011 Calculated Risk vs. Mish




Calculated Risk, a good friend of mine, has come up with employment
projections for 2011. He thinks the economy will grow by 2.4 million
private jobs (200,000 a month), with an upside chance of 3 million jobs.

I
think those estimates are extremely high and we will not come close to
even 2.4 million jobs. I give my rationale below, but first let's see
what Calculated Risk has to say.

Please consider Calculated Risk's Question #5 for 2011: Employment



click the bold link above to see the article.

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