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Started By
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Economy adds 194K jobs in September, way below expectations
Posted on 10/8/21 at 7:38 am
Posted on 10/8/21 at 7:38 am
The U.S. added just 194,000 jobs in September as the economy struggled under the delta surge of COVID-19, according to data released Friday by the Labor Department.
The unemployment rate fell sharply in September to 4.8 percent, a decline of 0.4 percentage points. But employment growth fell sharply for the second consecutive month after a staggering rise in coronavirus cases began in late July. Economists expected the U.S. to add roughly 500,000 jobs last month, just half of July’s employment gain of more than 1 million. LINK
The unemployment rate fell sharply in September to 4.8 percent, a decline of 0.4 percentage points. But employment growth fell sharply for the second consecutive month after a staggering rise in coronavirus cases began in late July. Economists expected the U.S. to add roughly 500,000 jobs last month, just half of July’s employment gain of more than 1 million. LINK
21
Posted on 10/8/21 at 7:39 am to Jbird
194,000 jobs in a month is barely growing as an economy.
frick this government.
frick this government.
Posted on 10/8/21 at 7:39 am to Jbird
500K was expected
Ouch
Ouch
Posted on 10/8/21 at 7:40 am to Jbird
quote:
as the economy struggled under the delta surge of COVID-19
No. Bro.
Posted on 10/8/21 at 7:40 am to Jbird
So half that number or less when the numbers are revised later…
Posted on 10/8/21 at 7:40 am to the808bass
quote:All bad news is due to the Vid!
as the economy struggled under the delta surge of COVID-19
No. Bro.
Posted on 10/8/21 at 7:41 am to Jbird
quote:
unemployment rate fell sharply in September to 4.8 percent,
Expect pudding and circle back to parrot this non-stop today.
Posted on 10/8/21 at 7:41 am to Eli Goldfinger
I’m surprised it’s even positive with this administration, so I take it as a sign that benefits may be running out
Posted on 10/8/21 at 7:41 am to Jbird
The numbers failed the projection by 61%. Ouch.
Under Biden we have:
1. Mass illegal migration
2. Inflation of basic goods
3. The Chinese imposing their will
4. A botched withdrawal from Afghanistan
5. Complete Taliban takeover of Afghanistan
6. Further freedoms overridden by a “Vaccine mandate”
7. Declining jobs
8. Higher gas prices
9. Potential tax hikes on the middle class
10. Record spending
Feel free to add to the list.
Under Biden we have:
1. Mass illegal migration
2. Inflation of basic goods
3. The Chinese imposing their will
4. A botched withdrawal from Afghanistan
5. Complete Taliban takeover of Afghanistan
6. Further freedoms overridden by a “Vaccine mandate”
7. Declining jobs
8. Higher gas prices
9. Potential tax hikes on the middle class
10. Record spending
Feel free to add to the list.
This post was edited on 10/8/21 at 7:45 am
Posted on 10/8/21 at 7:43 am to Eli Goldfinger
They have been missing the mark big time over and over
Posted on 10/8/21 at 7:43 am to Jbird
Stay home and collect them Biden Bucks!
Posted on 10/8/21 at 7:43 am to Jbird
That fricking sucks.
Way off projections, again.
Way off projections, again.
Posted on 10/8/21 at 7:45 am to LuckyTiger
Unexpectedly!!
Posted on 10/8/21 at 7:47 am to Jbird
Let's let in 500K illegal immigrants!
Posted on 10/8/21 at 7:48 am to Jbird
100% by design.
Collapse the system, cause chaos, rebuild 'back better ' with the tyrannical authoritarian socialist utopia.
Collapse the system, cause chaos, rebuild 'back better ' with the tyrannical authoritarian socialist utopia.
This post was edited on 10/8/21 at 7:49 am
Posted on 10/8/21 at 7:48 am to Deuces
quote:
Under Biden we have:
1. Mass illegal migration
2. Inflation of basic goods
3. The Chinese imposing their will
4. A botched withdrawal from Afghanistan
5. Complete Taliban takeover of Afghanistan
6. Further freedoms overridden by a “Vaccine mandate”
7. Declining jobs
8. Higher gas prices
9. Potential tax hikes on the middle class
10. Record spending
I objectively cannot think of a single thing that Biden has done to improve the average American's quality of life over Trump. Almost all have been significantly worse.
Posted on 10/8/21 at 7:48 am to Jbird
quote:
The unemployment rate fell sharply
quote:
decline of 0.4 percentage points
So sharp
Posted on 10/8/21 at 7:49 am to Jbird
These counts on CNN just did a whole segment making excuses for Brandon.
“I think we really have a problem with the data, people aren’t working like they used to.”
It’s laughable.
“I think we really have a problem with the data, people aren’t working like they used to.”
It’s laughable.
Posted on 10/8/21 at 7:50 am to OysterPoBoy
quote:
“I think we really have a problem with the data, people aren’t working like they used to.”
Have they changed the measurement? Pretty sure its #/% filing for unemployment. That doesn't change by how people are working.
Posted on 10/8/21 at 7:52 am to Lsut81
I guess they’re accusing people of welfare fraud? It was hard to follow. That was only one of about 10 excuses they made.
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