Avery Shenfeld Job Quotations

Ahead of the storm clouds, the American job market was humming along nicely, a result that says little about where things will stand as the recent spike in energy prices begins to bite,

The Bank of Canada remains on the warpath against inflation in an economy where recent job and production gains are, in its view, too much of a good thing.

August's 169,000 jobs gain, coupled with a 44,000 upward revision to the prior two months, left payroll employment just about where the market expected.

I place more emphasis on jobs numbers than on confidence surveys in estimating consumers' attitudes. And that has not looked promising.