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US Unemployment goes up or down in Oct 2008?
Homer ( Score Rank: User did not make predictions in the last 30 days ) Homer  |  was scored on 07-Nov-2008 (378 days ago)
The U.S. unemployment rate remains stable in Sept at 6.1%, although the unemployment rate climbed to a five- year high in the last few months. This heightens the risk of an economic slowdown. The report showed the effects of the housing slump and the credit crisis that it triggered. Payrolls at builders fell 8,000 after decreasing 20,000. Financial firms trimmed payrolls by 3,000 for a second consecutive month.

Let's predict if the US unemployment rate will go up or down in Oct 2008. We will verify the result here: http://data.bls.gov/PDQ/s...
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2008-11-07
 
Nov. 7 (Bloomberg) -- Crude oil rose as speculatio... (more)
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2008-11-07
 
Nov. 7 (Bloomberg) -- The U.S. unemployment rate c... (more)
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2008-11-05
 
Nov. 5 (Bloomberg) -- Bank of Canada Governor Mark... (more)
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2008-11-04
 
Spanish unemployment jumps  - Financial Times
More than 6,000 people lost their jobs each day in... (more)
Comments (4)
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  1. Homer Homer 378 days ago
    0 vote This is Good This is Bad
    answered: [ * ] unemployment > 6.1%
    (more)
    Wow, October unemployment rate was 6.5%, and huge increase:
    http://movies.ign.com/articles/915/91...
  2. humme humme 401 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 73% ] unemployment > 6.1%
    (more)
    This is very logical to assume the unemployment rate will slowly go up for another half a year.
  3. sdilbeck sdilbeck 404 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 55% ] unemployment > 6.1%
    (more)
    Due to financial crisis in the world, US unemployment will keep rising until next year.
  4. einstin2 einstin2 407 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 70% ] unemployment > 6.1%
    (more)
    With the very recent and massive drop in the stock market, the severe lack of liquidity and the weakening dollar I doubt unemployment wont go up. Always a chance for a fluke of the market though.
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