Jobs added in September is fantastic!!..err..wait...no it isn't.

[uscitizen]

Oh those wall street bulls looking for anything to excuse a rally.
September "added" 103,000 jobs...which is 41,000 better than expected - so it is wonderful news.
But well...45,000 of the 103,000 is Verizon employees ending their strike and placed back on the rolls of the unemployed.
So in reality - the nation only added 58,000 jobs...7000 LESS than expected.

And 58,000 is an awful number.

so those tax cuts still are not working?

should we raise them as Hoover did?

This is a different time and situation.

Of course our experts keep trying the soloutions for the old problems on the new problems and wondering why it is not working.
Duhhh!

 

[Toddsterpatriot]

Oh those wall street bulls looking for anything to excuse a rally.
September "added" 103,000 jobs...which is 41,000 better than expected - so it is wonderful news.
But well...45,000 of the 103,000 is Verizon employees ending their strike and placed back on the rolls of the unemployed.
So in reality - the nation only added 58,000 jobs...7000 LESS than expected.

And 58,000 is an awful number.

Table A-1. Employment status of the civilian population by sex and age

Employment Situation Summary


^^^^^ Numbers aren't good but could have been worse I guess. We need those increases to go up 10 fold.

As soon as Obama is defeated and Obamacare repealed, we'll see much larger gains.