US jobless rate sinks to 4.2% as many more people find jobs

Otis Mayfield

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Sep 17, 2021
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WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.

But other data from the Labor Department’s report painted a much brighter picture. The unemployment rate plummeted from 4.6% to 4.2% as a substantial 1.1 million Americans said they found jobs last month.




Way to go, Joe!

Are you surprised the Biden economy is doing so well?
 
WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.

But other data from the Labor Department’s report painted a much brighter picture. The unemployment rate plummeted from 4.6% to 4.2% as a substantial 1.1 million Americans said they found jobs last month.




Way to go, Joe!

Are you surprised the Biden economy is doing so well?
Half the predicted jobs created for the month?
A 1000 point drop in the stock market?
Gas prices rising like the poopey in Sleepy's diaper?
Black women unemployment reduced by a point and a half, looks like they have been sent back to work to support the dregs on the porches.

Yes awesome job.
 
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WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.

But other data from the Labor Department’s report painted a much brighter picture. The unemployment rate plummeted from 4.6% to 4.2% as a substantial 1.1 million Americans said they found jobs last month.




Way to go, Joe!

Are you surprised the Biden economy is doing so well?

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Half the predicted jobs created for the month?
A 1000 point drop in the stock market?
Gas prices rising like the poopey in Sleepy's diaper?
Black women unemployment reduced by a point and a half, looks like they have been sent back to work to support the dregs on the porches.

Yes awesome job.
Gasoline prices have been going down and so is oil along with natural gas prices..
 
WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.

But other data from the Labor Department’s report painted a much brighter picture. The unemployment rate plummeted from 4.6% to 4.2% as a substantial 1.1 million Americans said they found jobs last month.




Way to go, Joe!

Are you surprised the Biden economy is doing so well?

Relevant reading...

Disappointing Job Gains for November 2021 Speak to Government Barriers to Economic Recovery

“The Labor Department’s report Friday that only 210,000 jobs were created in November, far below the economists’ forecasts of 575,000, is a gloomy sign that the economy is being battered by the supply chain crisis and the Biden administration’s attempt to force workers to get vaccinations.

The numbers again indicate the best thing Washington can do for the economy is resist imposing new regulations or launching political investigations but, instead, get out of the way and let the economy heal itself."
 
I heard a guy tell me he has to wait till April to buy a refrigerator cuz there are none in supply.

How can all these people be working with all of these supply problems?

Something seems amiss.
 
WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.

But other data from the Labor Department’s report painted a much brighter picture. The unemployment rate plummeted from 4.6% to 4.2% as a substantial 1.1 million Americans said they found jobs last month.




Way to go, Joe!

Are you surprised the Biden economy is doing so well?

Allowing some jobs to return, after deliberately and maliciously shutting too many of them down in the first place, is no basis for the Democraps to take any credit for creating jobs.

We're supposed to be grateful that they are screwing us over less than they were screwing us over a year ago?
 
Allowing some jobs to return, after deliberately and maliciously shutting too many of them down in the first place, is no basis for the Democraps to take any credit for creating jobs.

We're supposed to be grateful that they are screwing us over less than they were screwing us over a year ago?
COVID shut them down

Those who resisted masks and vaccinations while participating in super spreader events kept them closed
 

US adds just 210,000 jobs in November - 340,000 BELOW expectations - in another dire employment report: Psaki finds out live on air, says she can't comment and points to Biden's 'good trends'​

  • U.S. employers added just 210,000 jobs in November, well below the estimated half a million that economists had predicted
  • It's a sign that companies are still cautious as the coronavirus pandemic drags on
  • The data was compiled before Wednesday's announcement that the Omicron variant of COVID-19 was found in the U.S
  • President Joe Biden welcomed the numbers as 'incredible news'
  • He will offer more comments in a speech from the White House Friday morning
Here is his speech. He is sick as a dog...




Jen Psaki is later asked about our President going to work while exhibiting COVID-like symptoms...
(Video link)


She says he has a cold, when everyone knows he has something worse like Omicron.
 
OK, I admit, I play with data. One of the data files that I have lists Labor Force, employed, and unemployed on a monthly basis. The labor force dropped by 2.51 million from 2019 even though working population has grown in size. If you look at the unemployed numbers and compared them to 2019, the unemployment rate is 6.6%, not 4.2
 

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