It's really a benign number, so no real new news.
More Quotes from Bill Cheney:
You are seeing a large number of people coming out of the woodwork because there are jobs to be found. People are now looking for jobs because it is now worth looking.Bill Cheney
Now we're starting to see that wash out, and we're seeing that the labor market really has been gradually strengthening for most of the first half of this year. And this is fundamentally good news for consumers and for the health of the recovery going forward.
Bill Cheney
Today's employment report is just one month's report, but it's the one we've been waiting for, providing unambiguous good news about the labor market.
Bill Cheney
Today's rate cut was no surprise. Even the half-point cut was more or less expected. In fact, the economy is still weak enough for the Fed to feel free to keep easing.
Bill Cheney
With the war over, energy prices declining, and fiscal and monetary stimulus already pumped into the system, I'm with Alan Greenspan in expecting that the economy now will begin to perk up.
Bill Cheney
I think it is clear that, whatever the economic outlook was on Monday, the outlook is shakier now, and there are stronger arguments for cutting rates.
Bill Cheney
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Marcel Proust
After each war there is a little less democracy to save.
Brooks Atkinson
I have a different idea of a universal. It is of a universal rich with all that is particular, rich with all the particulars there are, the deepening of each particular, the coexistence of them all.
Aime Cesaire