Disaster: The Economy Added Just 12,000 Jobs In October

[Hollie]

Not a pretty picture for US employment.

Time for Biden-Harris to revise the numbers.

Disaster: The Economy Added Just 12,000 Jobs In October

Jobs came in much, much lower than expected. | Economy

www.breitbart.com

Last month, the Department of Labor said the economy added 254,000 jobs in September and the unemployment rate dipped to 4.1 percent. The jobs figure was revised down to 223,000. The August jobs figures were revised down by 81,000 to 78,000. With the revisions, employment is 112,000 lower than previously thought

 

[ZestolPastilevsky]

The icing on the cake is that since '08, subsequent regimes have been padding those job numbers with crap jobs. Expect a good chunk of that 12,000 to be minimum wage, part time, no PTO/OT, at-will employment.

 

[1srelluc]

FJB is blaming the hurricane.

 

[Rawley]

Not a pretty picture for US employment.

Time for Biden-Harris to revise the numbers.

Disaster: The Economy Added Just 12,000 Jobs In October

Jobs came in much, much lower than expected. | Economy

www.breitbart.com

Last month, the Department of Labor said the economy added 254,000 jobs in September and the unemployment rate dipped to 4.1 percent. The jobs figure was revised down to 223,000. The August jobs figures were revised down by 81,000 to 78,000. With the revisions, employment is 112,000 lower than previously thought

It will be fun watching her try and spin this pile of shit.

 

[Zincwarrior]

FJB is blaming the hurricane.

Two hurricanes, a Boeing strike, and a Shipping strike.

Its ok. If you put on 100% tariffs, 12,000 new jobs will be considered a fantasy dream.

 

[CrusaderFrank]

Not a pretty picture for US employment.

Time for Biden-Harris to revise the numbers.

Disaster: The Economy Added Just 12,000 Jobs In October

Jobs came in much, much lower than expected. | Economy

www.breitbart.com

Last month, the Department of Labor said the economy added 254,000 jobs in September and the unemployment rate dipped to 4.1 percent. The jobs figure was revised down to 223,000. The August jobs figures were revised down by 81,000 to 78,000. With the revisions, employment is 112,000 lower than previously thought

That's BEFORE the downward revision too!

 

[DigitalDrifter]

Holy shit! That is an obscenely low number!

 

[Hollie]

FJB and FKH will respond with “I blame Trump™”.

 

[Hollie]

Two hurricanes, a Boeing strike, and a Shipping strike.

Its ok. If you put on 100% tariffs, 12,000 new jobs will be considered a fantasy dream.

The obvious solution is to continue importing illegals.

 

[rightwinger]

Holy shit! That is an obscenely low number!

Not when you consider Trump lost 3 million jobs during his four years as President

Biden can still show 16 million jobs added during his Presidency

 

[Hollie]

Not when you consider Trump lost 3 million jobs during his four years as President

Biden can still show 16 million jobs added during his Presidency

What nonsense. You’re just copying and pasting a nonsense claim by Biden that has been debunked repeatedly.

Biden never added 16 million jobs.

 

[rightwinger]

What nonsense. You’re just copying and pasting what you don’t understand.

Biden never added 16 million jobs.

You are entitled to your own opinion but not your own facts

Facts are that Biden added 16 million jobs and Trump lost 3 million jobs

 

[Hollie]

You are entitled to your own opinion but not your own facts

Facts are that Biden added 16 million jobs and Trump lost 3 million jobs

Your “phacts” are a joke. You aren’t entitled to phony “ phacts”.

Fact Check: Biden Misleads on Job “Creation” Statistics | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

• Recovery versus “Creation.” Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.
  • On the other hand, prior to the pandemic, job creation under President Trump was 6.7 million—3 million more jobs than the current President

You present yourself as a total buffoon with phony “phacts” you lie about.

 

[Hollie]

Not when you consider Trump lost 3 million jobs during his four years as President

Biden can still show 16 million jobs added during his Presidency

Not when you consider you are clueless.

 

[rightwinger]

Your “phacts” are a joke. You aren’t entitled to phony “ phacts”.

Fact Check: Biden Misleads on Job “Creation” Statistics | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

• Recovery versus “Creation.” Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.
  • On the other hand, prior to the pandemic, job creation under President Trump was 6.7 million—3 million more jobs than the current President

You present yourself as a total buffoon with phony “phacts” you lie about.

Sorry but you can’t absolve Trump of any responsibility for COVID while you blame Biden for COVID related inflation.

 

[skews13]

FJB is blaming the hurricane.

The unemployment rate stayed steady at 4.1%, in line with economists expectations.

Stock futures were up after the report.

Hurricanes Helene and Milton put thousands of people out of work across the Southeast, while the Boeing strike took more people off the job. The sharp drop in growth could indicate that disruptions played a much larger role than anticipated.

Still, the downturn is likely temporary, and didn’t impact the larger dynamics of the market. Unemployment remained low and wages continued to rise.

Average hourly earnings were up 4% from a year earlier.

MSN

www.msn.com

What ignorance is it you were spilling again?

 

[Harpy Eagle]

Good deal, this just cemented the next rate cut, which had been in question.

Just look at the markets, they love this news.

 

[Hollie]

Sorry but you can’t absolve Trump of any responsibility for COVID while you blame Biden for COVID related inflation.

You can’t absolve yourself of fraudulent claims. Biden-Harris are responsible for the fraudulent “Green new Boondoggle” and policy decisions that spiked inflation to 40 year highs.

Sorry , but your usual, “I blame Trump™ “ nonsense for failures and ineptitudes on the part of Biden- Harris are just juvenile excuses.

 

[Hollie]

Good deal, this just cemented the next rate cut, which had been in question.

Just look at the markets, they love this news.

Yeah. An economy not adding jobs is a good deal. You’re a groupie of the Harris school of economics, right?

 

[Hollie]

The unemployment rate stayed steady at 4.1%, in line with economists expectations.

Stock futures were up after the report.

Hurricanes Helene and Milton put thousands of people out of work across the Southeast, while the Boeing strike took more people off the job. The sharp drop in growth could indicate that disruptions played a much larger role than anticipated.

Still, the downturn is likely temporary, and didn’t impact the larger dynamics of the market. Unemployment remained low and wages continued to rise.

Average hourly earnings were up 4% from a year earlier.

MSN

www.msn.com

What ignorance is it you were spilling again?

Oh yeah. Inflation is transitory™