Liberal Forum

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

That’s not a lot

Fuelman » 01 Nov 2024, 9:53 am » wrote: ↑

01 Nov 2024, 9:53 am

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

That sucks.

*Huey » 01 Nov 2024, 10:42 am » wrote: ↑

01 Nov 2024, 10:42 am

That sucks.

And could very well be revised down!    

Fuelman » 01 Nov 2024, 9:53 am » wrote: ↑

01 Nov 2024, 9:53 am

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

Jobs Shock: October Payrolls Huge Miss As Private Jobs Go Negative For First Time Since 2020

https://www.zerohedge.com/markets/jobs- ... e_vignette

And of course, as has been the case for the entire Biden admin, previous months were revised sharply lower once again: August was revised down by 81,000, from +159,000 to +78,000, and September was revised down by 31,000, from +254,000 to +223,000. With these revisions, employment in August and September combined is 112,000 lower than previously reported. This means that even after the monster September revision when 818K jobs were removed, 7 of the past 9 months were again revised lower!
 
 

Fuelman » 01 Nov 2024, 9:53 am » wrote: ↑

01 Nov 2024, 9:53 am

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

It's far worse that that!
The economy added an astounding 40,000 new GOVERNMENT jobs in the month of October, while the private sector LOST a whopping 28,000 jobs!  That's a net DETRIMENT to the economy, and will pave the way for HUGE NEW TAX INCREASES if these two liberal idiots win the election!

And we all know where those "government" jobs are going, don't we?  They're going to feed, house, and clothe ILLEGALS, while also getting more federal workers in healthcare to give it to illegals for free, and more teachers, translators, and administrators to fund the free education we're giving to millions of the children of illegals, most of whom don't speak English.

Biden and Kamaltoe have made this economy MUCH WORSE, and they're about to pay the price for their Marxist policies on Tuesday!
 

I guess the usual suspect(s) will not enter and tell how great the admin is.

Any job in Government is not a job. It's a tax. They don't produce ****.

*Huey » 01 Nov 2024, 11:10 am » wrote: ↑

01 Nov 2024, 11:10 am

I guess the usual suspect(s) will not enter and tell how great the admin is.

I will predict they will show up with the edited and parsed lie about Trump calling for Liz Cheney's execution by firing squad.....they are as predictable as a sun rise in the morning.

Zeets2 » 01 Nov 2024, 11:05 am » wrote: ↑

01 Nov 2024, 11:05 am

It's far worse that that!
The economy added an astounding 40,000 new GOVERNMENT jobs in the month of October, while the private sector LOST a whopping 28,000 jobs!  That's a net DETRIMENT to the economy, and will pave the way for HUGE NEW TAX INCREASES if these two liberal idiots win the election!

And we all know where those "government" jobs are going, don't we?  They're going to feed, house, and clothe ILLEGALS, while also getting more federal workers in healthcare to give it to illegals for free, and more teachers, translators, and administrators to fund the free education we're giving to millions of the children of illegals, most of whom don't speak English.

Biden and Kamaltoe have made this economy MUCH WORSE, and they're about to pay the price for their Marxist policies on Tuesday!

Simple question.

Did you cast 2 votes for George Bush Jr.?

@*HoooooeyVagina

Fuelman » 01 Nov 2024, 9:53 am » wrote: ↑

01 Nov 2024, 9:53 am

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

Private Industry payrolls

Grifty - (2.2 million)

Biden - 14.4 million.
 

https://youtu.be/jiMXK9eDrMY?si=5WgrKXGnRGSxZBho

Blackvegetable » 01 Nov 2024, 12:33 pm » wrote: ↑

01 Nov 2024, 12:33 pm

Simple question.

Did you cast 2 votes for George Bush Jr.?

@*HoooooeyVagina

 

You realize that Oct is the start of the christmas jobs?  It should have spiked.

Vote for Trump to bring jobs back to America.

*Huey » 01 Nov 2024, 11:10 am » wrote: ↑

01 Nov 2024, 11:10 am

I guess the usual suspect(s) will not enter and tell how great the admin is.

KaKa is great. Bust chance for the country. We have nothing to fear but bear himself.

Ekscuse the typos...

Blackvegetable » 01 Nov 2024, 12:42 pm » wrote: ↑

01 Nov 2024, 12:42 pm

Private Industry payrolls

Grifty - (2.2 million)

Biden - 14.4 million.

Until it's revised like everything else this administration revises ....
 

Fuelman » 01 Nov 2024, 9:53 am » wrote: ↑

01 Nov 2024, 9:53 am

Employers added just 12,000 jobs in October as hiring slowed substantially. The total was expected to be constrained by two Southeast hurricanes and several worker strikes, but the tally was far lower than what was estimated and job gains for previous months were revised sharply downward, raising concerns about a weakening labor market.

That doesn't sound good!

actually that sounds GREAT.
This will drive down wages and that that will help with inflation.
This is EXACTLY how a healthy economy is supposed to work.

@Blackvegetable  do you agree?
 

BooRadley » 01 Nov 2024, 2:51 pm » wrote: ↑

01 Nov 2024, 2:51 pm

actually that sounds GREAT.
This will drive down wages and that that will help with inflation.
This is EXACTLY how a healthy economy is supposed to work.

@Blackvegetable  do you agree?

In Austria, sure...

DeezerShoove » 01 Nov 2024, 1:58 pm » wrote: ↑

01 Nov 2024, 1:58 pm

KaKa is great. Bust chance for the country. We have nothing to fear but bear himself.

Ekscuse the typos...

For whom have you voted of late...

So we can see what you consider "results"
 

*Huey » 01 Nov 2024, 1:10 pm » wrote: ↑

01 Nov 2024, 1:10 pm

You realize that Oct is the start of the christmas jobs?  It should have spiked.

It's called Seasonal Adjustment....and the report was for October.

You're a **** idiot.