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Over 638,000 Jobs Added in October; UE Down to 6.9% from 7.9%
NorthwestFresh
Member Posts: 7,972
in Tug Tavern
Can’t wait until Joe shuts it all down again for a cold.
https://www.bls.gov/news.release/empsit.nr0.htm
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate
declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These
improvements in the labor market reflect the continued resumption of economic activity
that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain
it. In October, notable job gains occurred in leisure and hospitality, professional and
business services, retail trade, and construction. Employment in government declined.
This news release presents statistics from two monthly surveys. The household survey
measures labor force status, including unemployment, by demographic characteristics. The
establishment survey measures nonfarm employment, hours, and earnings by industry. For
more information about the concepts and statistical methodology used in these two surveys,
see the Technical Note.
https://www.bls.gov/news.release/empsit.nr0.htm
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate
declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These
improvements in the labor market reflect the continued resumption of economic activity
that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain
it. In October, notable job gains occurred in leisure and hospitality, professional and
business services, retail trade, and construction. Employment in government declined.
This news release presents statistics from two monthly surveys. The household survey
measures labor force status, including unemployment, by demographic characteristics. The
establishment survey measures nonfarm employment, hours, and earnings by industry. For
more information about the concepts and statistical methodology used in these two surveys,
see the Technical Note.
Comments
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There was enough time for Trump to make a coherent argument touting the GDP spike in Q3 with a week to go before election day, and hammer that message. Instead, he decided to suck up all the oxygen ranting about mail-in voting and warning his supporters against using it. The number of ways Trump choked this election is incredible.
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The democrats get the economy they did their best to destroy
Justice because Joe will finish it -
Looks like the Harris economy is off to a roaring start!
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Just wait until Joe and the hoe take over. Straight into the shitter.
