Jobs data worse than it appears?

[Pete]

the-bad-news-bad-news-on-jobs: Personal Finance News from Yahoo! Finance

TrimTabs Investment Research Inc. tracks the real-time jobs picture by monitoring income tax deposits at the Treasury. And these have suddenly started falling. Based on the latest data, the firm predicts the economy will actually lose up to 200,000 jobs, net, in June.

What would this do to the markets?

 

[M Paquette]

What would this do to the markets?

Market go down the hoooole.