Market analysts are looking for a fall of as much as 688,000 in payrolls for March taking the unemployment rate to 8.5% (10% is getting closer and closer!).
For the record, back in October 1949 there was an 834,000 decline in payrolls numbers. Ouch! Lets hope we don’t see a number that bad. I have not entered the competition, being an employee and all, but i am looking for -624K.
