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Jobs Report Shows Payrolls Grew 261,000 in October
Posted on 11/4/22 at 9:18 am
Posted on 11/4/22 at 9:18 am
quote:
U.S. employers added 261,000 jobs in October, a sign of continued resilience in the labor market, and the jobless rate rose to 3.7%.
The October payrolls number marked a decline from the prior month’s upwardly revised 315,000 jobs, the Labor Department said Friday.
Healthcare, professional and technical services and manufacturing sectors led the gains.
Average hourly earnings rose 0.4% in October from the previous month, up from 0.3% in September. They were up 4.7% from the previous year, a slower pace of growth than in September.
quote:
The labor-force participation rate, or the share of adults working or looking for work, decreased slightly to 62.2% in October from 62.3% in September.
Fewer workers joining the labor force could hold back job growth in the coming months.
LINK
This post was edited on 11/4/22 at 9:19 am
10
Posted on 11/4/22 at 9:19 am to RLDSC FAN
Germans
Posted on 11/4/22 at 9:21 am to RLDSC FAN
So it is ok to vote Blue then, everything is going swell?
Posted on 11/4/22 at 9:24 am to DarthRebel
quote:
Total nonfarm payroll employment increased by 261,000 in October.
quote:
Household Survey Data
and the number of unemployed persons rose by 306,000 to 6.1 million.
Someone square this up for me.
Posted on 11/4/22 at 9:29 am to TDTOM
quote:
Someone square this up for me.
More people lost their jobs than found jobs.
Posted on 11/4/22 at 10:21 am to RLDSC FAN
Now do the amount of people that had to take a second job to afford living expenses.
Posted on 11/4/22 at 10:48 am to RLDSC FAN
I knew gas would go down and unicorn economic numbers would be release just before the November elections. They think voters are sheep.
Posted on 11/4/22 at 10:59 am to RLDSC FAN
That number will be "revised" down, without the media following up. Happened all the time under Obama.
Posted on 11/4/22 at 12:05 pm to RLDSC FAN
This will make it hard for the Fed to stop increasing rates
Unfortunately We need job losses
Unfortunately We need job losses
Posted on 11/4/22 at 12:33 pm to AtlantaLSUfan
quote:
They think voters are sheep.
Well a whole lot them are.
Posted on 11/4/22 at 12:49 pm to RLDSC FAN
1. People taking second jobs to be able to afford basic necessities under this inflation.
2. Seasonal employment that always sees a big boost this time of year.
2. Seasonal employment that always sees a big boost this time of year.
Posted on 11/4/22 at 1:01 pm to RLDSC FAN
Yeah that’s horse shite.
Food more expensive
Gas more expensive
Insurance more expensive
401ks tanking
Meanwhile salaries staying low and stagnant.
Go frick yourself Joe Biden. And your disgusting family.
Food more expensive
Gas more expensive
Insurance more expensive
401ks tanking
Meanwhile salaries staying low and stagnant.
Go frick yourself Joe Biden. And your disgusting family.
This post was edited on 11/4/22 at 1:05 pm
Posted on 11/4/22 at 1:28 pm to RLDSC FAN
The last two weeks I've seen a significant increase in corporate layoffs across the country. The financial services and home building industries have been the biggest layoff machines but tech is coming in a close second followed by marketing/advertising industries
Posted on 11/4/22 at 1:31 pm to RLDSC FAN
Oh i bet.
Cause the economy is going so well and everything
Cause the economy is going so well and everything
Posted on 11/4/22 at 2:44 pm to GetCocky11
quote:
Someone square this up for me. More people lost their jobs than found jobs.
So the economy actually lost approx. 50k jobs and they’re just playing with numbers to make it look good?
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