Jobs report out

Delldude

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New jobs report out, showing close to 15,000 jobs on a weekly basis. Reports that the economy isn't doing well seem rather ludicrous at this point. Looks like the naysayers lost this argument. Rather glowing report from CNBC?

Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows​


Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers.

Stepping into the void created by the government shutdown, ADP will now release a four-week average weekly change in employment with a two-week lag every Tuesday. Today’s number is the four-week average ended Oct. 11.

“ADP’s near real-time employment data, released weekly, will now provide an even clearer picture of the labor market at this critical time for the economy ... providing a dynamic view of job creation and loss at an unprecedented level of weekly detail,” said Nela Richardson, chief economist at ADP.


 
New jobs report out, showing close to 15,000 jobs on a weekly basis. Reports that the economy isn't doing well seem rather ludicrous at this point. Looks like the naysayers lost this argument. Rather glowing report from CNBC?

Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows​


Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers.

Stepping into the void created by the government shutdown, ADP will now release a four-week average weekly change in employment with a two-week lag every Tuesday. Today’s number is the four-week average ended Oct. 11.

“ADP’s near real-time employment data, released weekly, will now provide an even clearer picture of the labor market at this critical time for the economy ... providing a dynamic view of job creation and loss at an unprecedented level of weekly detail,” said Nela Richardson, chief economist at ADP.


The Dow thinks it's good, too. Up almost 200 points.

But, what do they know? We should all listen to our Masters in The Disgusting Filth. Those College Girlz, they be smart. Just ask them
 
Toss this in for added flavor:

Think the stock rally is over? It may just be beginning​


The stock market rally has already defied expectations this year, shrugging off geopolitical strife, economic uncertainty and global trade tensions to reach fresh record highs. Some analysts say the rally might just be getting started.

The Dow closed above 47,000 points for the first time ever on Friday, buoyed by cooler-than-expected inflation data that supported hopes for interest rate cuts from the Federal Reserve.

The S&P 500 has rallied 36% in just over six months, boosted by strong corporate earnings and optimism about Fed rate cuts. Enthusiasm about artificial intelligence had stoked bubble concerns but also contributed to the market’s ascent.

“Absent some truly surprising and unwelcome events, the current momentum in the stock market is likely to last through the end of the year,” Emily Bowersock Hill, CEO at Bowersock Capital Partners, said in an email.


 
New jobs report out, showing close to 15,000 jobs on a weekly basis. Reports that the economy isn't doing well seem rather ludicrous at this point. Looks like the naysayers lost this argument. Rather glowing report from CNBC?

Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows​


Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers.

Stepping into the void created by the government shutdown, ADP will now release a four-week average weekly change in employment with a two-week lag every Tuesday. Today’s number is the four-week average ended Oct. 11.

“ADP’s near real-time employment data, released weekly, will now provide an even clearer picture of the labor market at this critical time for the economy ... providing a dynamic view of job creation and loss at an unprecedented level of weekly detail,” said Nela Richardson, chief economist at ADP.



Using the ADP Data you can conclude that we would have ONE MILLION more employed if Biden were still running things. He grew employment like a champ. Trump has killed employment. Queue up the excuses. 15,000 is paltry.

1761682870082.webp


ALL the adds were healthcare by the way.

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Yet he's not......and his method was fraught with inconsistencies.



60,000......you sound like and hypocrite .
These are ADPs numbers genius. Not Biden’s. How can you debate if you don’t even know what you are talking about?

I’m pointing out it’s a terrible number compared to the path Biden had us on. Look at the graph.
 
Good find Delldude. Here is the report itself
1761678861950.webp
 
New jobs report out, showing close to 15,000 jobs on a weekly basis. Reports that the economy isn't doing well seem rather ludicrous at this point. Looks like the naysayers lost this argument. Rather glowing report from CNBC?

Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows​


Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers.

Stepping into the void created by the government shutdown, ADP will now release a four-week average weekly change in employment with a two-week lag every Tuesday. Today’s number is the four-week average ended Oct. 11.

“ADP’s near real-time employment data, released weekly, will now provide an even clearer picture of the labor market at this critical time for the economy ... providing a dynamic view of job creation and loss at an unprecedented level of weekly detail,” said Nela Richardson, chief economist at ADP.


Need to grow the private sector and downsize government.
 
Using the ADP Data you can conclude that we would have ONE MILLION more employed if Biden were still running things. He grew employment like a champ. Trump has killed employment. Queue up the excuses. 15,000 is paltry.

View attachment 1178206

ALL the adds were healthcare by the way.

View attachment 1178208
How about a link to where you got this "graph?"
 
15th post
How about a link to where you got this "graph?"
Straight from ADP. Click the pictures they are linked.


1761682396190.webp
 
Federal government hasnt grown in 30-40 years and we've added 100M people.
You overlooked the massive increase in government contractors, there's more of them than federal employees.....like 2:1.
 
You overlooked the massive increase in government contractors, there's more of them than federal employees.....like 2:1.
I didnt overlook anything. Federal employees are basically flat since... ever. And we have added 100M people to the population since then.
 
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