The latest QE-program announced by the Bernanke Fed will be tied to the progress of the labor market, which has seen the unemployment rate tick down as a consequence of a falling labor participation rate, rather than truly improved economic conditions.
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So when you have 1 percentage up tick in the unemployment rate, that usually means another million people unemployed.
CNN: Transcript of June 'CNN Money Summit: Money & Main St.'
Analysts surveyed by MarketWatch call for August payrolls to have risen by 120, 000 and the unemployment rate to tick down to 8.2%.
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In fact, even if the restrictions were loosened immediately the birth rate might not tick up by very much.
The story here is also not awe-inspiring, but since spiking in the aftermath of the horrific 1998-99 debt default and recession-within-depression, there has been a steady downward tick in the crude death rate.
But for now, the market seems to see no imminent problem for the economy, in spite of the negative reports this week on consumer sentiment, negative GDP growth, and the tick up in the unemployment rate.
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His likely Republican opponent this November, Mitt Romney, has criticized his handling of the economy, and on Friday Republicans emphasized that the tick down in the unemployment rate was largely due to people dropping out of the work force.
In fact, the U.S. core CPI rate is likely to tick up to 1.7%, which would be the highest since December 2009.
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Unemployment rate is still expected to tick down to 8.9% from 9% currently.
Better policing has contributed to a fall in the state's murder rate (though it did tick slightly upwards last year).
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