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economy surges ahead with 261,000 increase of payrolls in October

 
NDFarm

User ID: 72759691
United States
11/04/2022 09:17 AM
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economy surges ahead with 261,000 increase of payrolls in October
and unemployment at 3.7%. so far no recession.

[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.
Limpan

User ID: 84136620
Sweden
11/04/2022 09:21 AM

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Re: economy surges ahead with 261,000 increase of payrolls in October
and unemployment at 3.7%. so far no recession.

[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.
 Quoting: NDFarm




It's Election.....Fixed Numbers


BTTF-hell0mcfly
Anonymous Coward
User ID: 79585750
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11/04/2022 09:29 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
same clown, same bullshit. How much do they pay you to LIE for a living?
NDFarm  (OP)

User ID: 84131516
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11/04/2022 09:35 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
same clown, same bullshit. How much do they pay you to LIE for a living?
 Quoting: Anonymous Coward 79585750


Dow up 350+
Anonymous Coward
User ID: 80274554
United States
11/04/2022 09:38 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
.
Hey Dem-shill…

You forgot to report the NEW UNEMPLOYMENT claims that exceeded the new jobs, resulting in a NET LOSS of jobs.

Loser.
Anonymous Coward
User ID: 79585750
United States
11/04/2022 09:41 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
same clown, same bullshit. How much do they pay you to LIE for a living?
 Quoting: Anonymous Coward 79585750


Dow up 350+
 Quoting: NDFarm


tell that to my 401K
Anonymous Coward
User ID: 73435037
United States
11/04/2022 09:42 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
.
Hey Dem-shill…

You forgot to report the NEW UNEMPLOYMENT claims that exceeded the new jobs, resulting in a NET LOSS of jobs.

Loser.
 Quoting: Anonymous Coward 80274554


go ahead...you're free to report them...go!
Anonymous Coward
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Switzerland
11/04/2022 09:43 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
Markets are doing great today
Anonymous Coward
User ID: 81198295
United States
11/04/2022 10:00 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
So people are going back to work??

Does that constitute "new jobs"?? I don't think so. We are still very very much behind.
Anonymous Coward
User ID: 81198295
United States
11/04/2022 10:01 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
So far no recession??

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.
1-2-Follow

User ID: 81230252
United States
11/04/2022 10:03 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
So far no recession??

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.
 Quoting: Anonymous Coward 81198295


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.
Anonymous Coward
User ID: 78295236
Austria
11/04/2022 10:04 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
it's fake

they are faking the numbers to justify rate increases
Anonymous Coward
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Sweden
11/04/2022 10:24 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
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
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United States
11/04/2022 10:25 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
and unemployment at 3.7%. so far no recession.

[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.
 Quoting: NDFarm


Mid-term numbers
jerkit
Anonymous Coward
User ID: 79335082
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11/04/2022 10:30 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
and then in a month or two - they REVISE the previous months numbers.....

After it's already been beaten to death in the media headlines - and no one is paying attentions.
Anonymous Coward
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11/04/2022 10:30 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
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.
 Quoting: Anonymous Coward 84243941


^^^This.

Jobs numbers always have a large component that is assumed and estimated. And is always manipulated for Political purposes.
Anonymous Coward
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United States
11/04/2022 10:34 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
you carshtards can suck it ! sitting in some old bunker eating beans out of can , shitting in a bucket …, ohh ohhh look everybody, it’s going to crash!!! ohhhh my parties are in a twirl and chaffing my thighs.


the rest of us party on.
The Albuquerque Statesman

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United States
11/04/2022 10:34 AM
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Re: economy surges ahead with 261,000 increase of payrolls in October
Payrolls increase?

The government gave itself a raise.
230 here, but 0 there.
NDFarm  (OP)

User ID: 84131516
United States
11/04/2022 04:05 PM
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Re: economy surges ahead with 261,000 increase of payrolls in October
Dow up 400+. So a good day.
Anonymous Coward
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11/04/2022 04:08 PM
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Re: economy surges ahead with 261,000 increase of payrolls in October
.
Hey Dem-shill…

You forgot to report the NEW UNEMPLOYMENT claims that exceeded the new jobs, resulting in a NET LOSS of jobs.

Loser.
 Quoting: Anonymous Coward 80274554


hesright





GLP