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Don't Paint Everything With the Jobs Brush

By Jim Cramer

About this article:
Does unemployment trump everything? Does it trump Apple sales? Does it trump 3G and 4G? How about Chinese orders? How about General Mills' numbers? Yum!'s business? Does unemployment trump pending home sales? Or order pick-ups in autos and a subsequent bottom? That's what you have to ask yourself when you sell today. You have to ask yourself whether 40,000 or 60,000 jobs trumps everything good that has happened. You have to ask yourself if the government were to take 100,000 of those people and give them jobs taking care of federal lands and parks or working at the post office or having them go into a conservation corps, whether we would be up and not down. I point this out because perhaps we are letting one piece of data -- even though I submit it is the most significant piece of data -- overwhelm...

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