271,000 New Jobs in October 2015

[pinqy]

Behind the New Job Numbers for October

5.77 million now working part-time

Ummm, that's part time for economic reasons (there are over 27 million people who usually work part time) And that 5.77 million is down from 6 million in September.

But those aren't "jobs numbers." there are two surveys, one for businesses and one for households. The official "jobs created" number is from non-farm payrolls and does not distinguish between full and part time. You're citing the less reliable data from teh household survey.

19,500 were for clothing stores ahead of the holiday shopping season – meaning they won't be there in Jan 2016

The numbers are seasonally adjusted to account for the current hiring spurts. Unadjusted Clothing store employment went up 59,000 and was adjusted down to 19.5 thousand.

52.6% jobs created by health care, retail and restaurants – the last two clearly minimum wage

A large percentage, but not clearly minimum wage.

 

[JakeStarkey]

The Jobs Report Is Even Better Than It Looks

 

[KissMy]

The Most Surprising Thing About Today's Jobs Report @ The Most Surprising Thing About Today's Jobs Report | Zero Hedge


As the chart below shows, in October the age group that accounted for virtually all total job gains was workers aged 55 and over. They added some 378K jobs in the past month, representing virtually the entire increase in payrolls. And more troubling: workers aged 25-54 actually declined by 35,000, with males in this age group tumbling by 119,000!


The ones who are screwed are those aged 25-54. And no word on black unemployment figures.

That's what happens when the population ages you dipstick! Every working boomer that turns 55 is subtracted from the 25-54 group & added to the 55 and over group.

 

[JakeStarkey]

Oh, the sillies about the number of 94mm unemployed are simply sillies, nothing more.

 

[KissMy]

It's so nice to have another pro-jobs administration again instead of the job destroying Bush's

 

[EdwardBaiamonte]

It's so nice to have another pro-jobs administration again instead of the job destroying Bush's

jobs???????? Obama's recovery has been the worst since the Great Depression and interest rates are still at 0%. Do you understand??

 

[KissMy]

The Wall Street Journal - "Bush On Jobs: The Worst Track Record On Record"

The Washington Post - "Barack Obama: The jobs president that Republicans were looking for"

 

[KissMy]

The not seasonally adjusted Unemployment rate is 4.8%!!!!

 

[EdwardBaiamonte]

The not seasonally adjusted Unemployment rate is 4.8%!!!!

Obama's socialist recovery is worst since socialist Great Depression!

 

[JakeStarkey]

The not seasonally adjusted Unemployment rate is 4.8%!!!!

Obama's socialist recovery is worst since socialist Great Depression!

Focus, Edward. If we did our economy the way you want, we would have 25% unemployment in the six months.

 

[ScienceRocks]

What ed wants would completely destroy our middle class...What would happen is the super rich would take over everything and most of the country would be poor.

WEd be a central American shit hole. We need government to keep this from occurring.

 

[EdwardBaiamonte]

What ed wants would completely destroy our middle class..

can you say why you think that or admit you lack the IQ to be here?

 

[KissMy]

It's a proven fact jobs are lost & economic growth slows under Republican administrations.

 

[EdwardBaiamonte]

It's a proven fact jobs are lost & economic growth slows under Republican administrations.

if so it would have to be an after effect from a Democratic administration or Congress since Democrats are anti business and so anti-jobs.

 

[KissMy]

Republicans are anti small business and jobs. Republicans are pro offshore multinational big business to avoid taxes & explode inflation taxing deficit.

 

[fbj]

271,000 New Jobs added in October 2015.

Previous month Jobs revised UP 17,000 Jobs!

Average Hourly Pay UP 0.4%!

Unemployment Rate Drops to 5%

Whoever believes any of this belongs in a home for the mentally disturbed

 

[pinqy]

271,000 New Jobs added in October 2015.

Previous month Jobs revised UP 17,000 Jobs!

Average Hourly Pay UP 0.4%!

Unemployment Rate Drops to 5%

Whoever believes any of this belongs in a home for the mentally disturbed

Please present your alternate data.

 

[fbj]

271,000 New Jobs added in October 2015.

Previous month Jobs revised UP 17,000 Jobs!

Average Hourly Pay UP 0.4%!

Unemployment Rate Drops to 5%

Whoever believes any of this belongs in a home for the mentally disturbed

Please present your alternate data.

You can't be that retarded to think that the real unemployment numbers are 5%? You forgot people who run out of unemployment after 26 weeks are no longer counted you stupid mutherfucker?

 

[eagle1462010]

 

[pinqy]

271,000 New Jobs added in October 2015.

Previous month Jobs revised UP 17,000 Jobs!

Average Hourly Pay UP 0.4%!

Unemployment Rate Drops to 5%

Whoever believes any of this belongs in a home for the mentally disturbed

Please present your alternate data.

You can't be that retarded to think that the real unemployment numbers are 5%? You forgot people who run out of unemployment after 26 weeks are no longer counted you stupid mutherfucker?

You were talking about new jobs not unemployment. But in any case, eligibility or receipt of unemployment benefits have never ever been used in determining the unemployment rate.

How can you criticize the numbers when you don't understand what they mean. Try reading www.BLS.gov/news.release/empsit.tn.htm