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Started By
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Wow, September and August jobs numbers revised up by 51k and 44k
Posted on 11/1/19 at 8:08 am
Posted on 11/1/19 at 8:08 am
quote:
Conversation
Justin Wolfers
@JustinWolfers
October's jobs report shows +128k, which is about 30k more than consensus forecast. Add in the missing 50k GM workers on strike, and that's a pretty robust pace of job growth.
Unemployment remains strikingly low at 3.6%.
HUGE revisions, added +51k to August and +44k to Sept.
Wage growth also above 3%
This post was edited on 11/1/19 at 8:12 am
14
Posted on 11/1/19 at 8:09 am to HailHailtoMichigan!
And yet Dems remain desperate to impeach.
Posted on 11/1/19 at 8:10 am to HailHailtoMichigan!
But “muh looooooming recession”.
Posted on 11/1/19 at 8:11 am to HailHailtoMichigan!
But...muh (fill in the economic blank)
Posted on 11/1/19 at 8:12 am to HailHailtoMichigan!
90 proof ain't gonna like this one fricking bit.
Posted on 11/1/19 at 8:13 am to BeefDawg
quote:We can't keep recessioning like this! Somebody do something!
But “muh looooooming recession”.
Posted on 11/1/19 at 8:14 am to HailHailtoMichigan!
Funny how Obama's numbers were always quietly revised down months later after great headlines while Trumps numbers are always quietly revised up later after mediocre headlines.
It's almost like our financial system is made up of devious, lying rats who have an agenda
It's almost like our financial system is made up of devious, lying rats who have an agenda
This post was edited on 11/1/19 at 8:16 am
Posted on 11/1/19 at 8:15 am to Chimlim
quote:
And yet Dems remain desperate to impeach.
This is one of many reasons they remain desperate to impeach... They simply cannot have a POTUS that proves every single Dem policy, objective, and initiative has pretty much been an utter failure and sham...
Posted on 11/1/19 at 8:17 am to HailHailtoMichigan!
quote:
Wow, September and August jobs numbers revised up by 51k and 44k
90proof
Posted on 11/1/19 at 8:25 am to SDVTiger
quote:
90proof
Why you gotta Beetlejuice him like that? Dude's gonna run in here flinging poo all over the place now.
Posted on 11/1/19 at 8:31 am to HailHailtoMichigan!
IB Chinaman and 90 are gonna hate this
Posted on 11/1/19 at 8:33 am to Chimlim
quote:
And yet Dems remain desperate to impeach.
This is directly related to that effort. They know they can't beat Trump. There are no negatives to his presidency, so they have to fabricate them.
Posted on 11/1/19 at 8:35 am to SirWinston
quote:now you did it. 90npc's dogwhistle. He's been beaten down on this for well over a year and his response is "nuh unh"
Funny how Obama's numbers were always quietly revised down months later after great headlines
Posted on 11/1/19 at 8:36 am to upgrayedd
quote:
IB Chinaman and 90 are gonna hate this
Imagine being known as the people that hate positive economic news
Posted on 11/1/19 at 8:38 am to BeeFense5
quote:
Imagine being known as the people that hate positive economic news
Ego is a strong thing
Posted on 11/1/19 at 8:41 am to SirWinston
quote:
Funny how Obama's numbers were always quietly revised down months later after great headlines while Trumps numbers are always quietly revised up later after mediocre headlines.
It's almost like our financial system is made up of devious, lying rats who have an agenda
This comment is highly underrated.
The systemic bias within the administrative state is really really bad for the country. This government is full of enemies from within.
Posted on 11/1/19 at 8:49 am to HailHailtoMichigan!
Dow seems to like it. Up 158 in the first hour of trading.
Posted on 11/1/19 at 8:51 am to GumboPot
quote:
This comment is highly underrated.
Not here it's not.
Outside this board and other Trumpkin circlejerks, it'd probably be appropriately rated as "laughably unsupported", at very best.
"Laughably false", if you insist on the "always" part.
The hilarious part about this comment in light of the unambiguous good news of two months being revised upwards (final revisions still pending), is that we know there is a negative rebenchmarking for the year to the tune of an estimated -500K coming in March.
That news might have even made to this board, but it probably didn't get much play here.
Regardless, upward revisions for prior months is good news period. Job growth slowing less than expected is also!
The wage numbers, not as good, and short of expectations. Still fine though.
And the fact that goods-producing jobs shrunk, manufacturing in particular. Not great, but it's cool as service jobs are carrying us, as usual.
Posted on 11/1/19 at 8:52 am to HailHailtoMichigan!
unemployment went up by 1/10th of a point but we created more jobs. how's that possible? or, do they not calculate the jobs that were lost and only the jobs that were gained?
Posted on 11/1/19 at 8:55 am to oldcharlie8
labor force growth relative to nonfarm payroll employment growth
the number is a net figure
the number is a net figure
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