economy surges ahead with 261,000 increase of payrolls in October | |
Limpan User ID: 84136620 Sweden 11/04/2022 09:21 AM Report Abusive Post Report Copyright Violation | and unemployment at 3.7%. so far no recession. Quoting: NDFarm [link to www.cnbc.com (secure)] U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs, but worse than the 3.5% estimate for the unemployment rate. It's Election.....Fixed Numbers |
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1-2-Follow User ID: 81230252 United States 11/04/2022 10:03 AM Report Abusive Post Report Copyright Violation | So far no recession?? Quoting: Anonymous Coward 81198295 The definition of recession is what??? Two consecutive quarters back to back with a negative decline. We are in our third quarter. We are in a recession. Wake up. in fairness, the dumb ass OP has stated they have no understanding of economics, so you can't expect his democrat schilling to actually be correct Articles and "news" from liberal media shall now be known as catnip for libtards. Truth is schilling in the empire of retards. "Yep but for now we dub you toast guy." - AC520845 *PROCLAIMED PROPHET OF THE DOW* ® Let me know when the climate STOPS changing, then i'll be worried. |
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Anonymous Coward User ID: 84243941 Sweden 11/04/2022 10:24 AM Report Abusive Post Report Copyright Violation | U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong Quoting: NDFarm Measuring the number of payrolls is worthless if you want to know the health of the employment market. Only fools believe it measures employment. It could just be an indication that workers are forced to take on a second job in order to survive. If that is the case, unemployment could still grow. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Quoting: NDFarm I rest my case. |
Anonymous Coward User ID: 6176722 United States 11/04/2022 10:25 AM Report Abusive Post Report Copyright Violation | and unemployment at 3.7%. so far no recession. Quoting: NDFarm [link to www.cnbc.com (secure)] U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs, but worse than the 3.5% estimate for the unemployment rate. Mid-term numbers |
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Anonymous Coward User ID: 84576593 United States 11/04/2022 10:30 AM Report Abusive Post Report Copyright Violation | U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong Quoting: NDFarm Measuring the number of payrolls is worthless if you want to know the health of the employment market. Only fools believe it measures employment. It could just be an indication that workers are forced to take on a second job in order to survive. If that is the case, unemployment could still grow. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Quoting: NDFarm I rest my case. ^^^This. Jobs numbers always have a large component that is assumed and estimated. And is always manipulated for Political purposes. |
Anonymous Coward User ID: 80773036 United States 11/04/2022 10:34 AM Report Abusive Post Report Copyright Violation | the rest of us party on. |
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