JUST IN - U.S. economy added only 210,000 jobs in November, a gigantic miss to the 550,000 expected.
— Disclose.tv (@disclosetv) December 3, 2021
JUST IN - U.S. economy added only 210,000 jobs in November, a gigantic miss to the 550,000 expected.
— Disclose.tv (@disclosetv) December 3, 2021
Jen Psaki says she “can’t comment” on the horrible November jobs report “until 9:30am.”
— RNC Research (@RNCResearch) December 3, 2021
So why is she on TV? pic.twitter.com/cfhuQLKKXD
Sarcasm duly noted. That will be in President Biden's next speech, defended by the press.Fenrir said:
It's all those unvaccinated people's fault.
Tell that to the stock market.aggiebrad94 said:
Most likely they will be revised up. Check out this month's ADP private sector jobs:
534k New Job Added
Massive revisions to summer jobs numbers +600k
There are employment issues at hand but don't let the headlines scare you.
So basically this is based on statistical modeling?Quote:
That said, it is important to remember that jobs growth numbers in the employment situation summary have a wide margin of error. The jobs growth numbers for a particular month are revised over time and become more accurate once they are firmly in the past. This means the current figure for a particular month can be off by over 100,000. Put another way, a negative jobs growth number could actually be a modest gain, as could a jobs growth number that clears the minimum growth range by 100,000. Although this level of inaccuracy is far from common, it does occur regularly enough to merit a degree of skepticism about jobs growth figures.
Special Considerations
How Jobs Growth is Measured
The Bureau of Labor Statistics compiles jobs growth data by sending out a survey and publishing the results every month. The employment situation summary containing jobs growth figures combines data from the BLS household survey tracking unemployment by demographic and the establishment survey that focuses on nonfarm employment by industry. The data from these two surveys is used to provide the headline figures on jobs growth and unemployment.
It is the inflation and lack of product availability I see, that scares me.aggiebrad94 said:
Most likely they will be revised up. Check out this month's ADP private sector jobs:
534k New Job Added
Massive revisions to summer jobs numbers +600k
There are employment issues at hand but don't let the headlines scare you.
Yes, because we never quit working. We should have all panicked over Covid and went on the government tit and then started working again when benefits ran out. That way we could better support this illegitimate administration. What the heck was I thinking and why didn't I do my part to Build Back Better?Fenrir said:
It's all those unvaccinated people's fault.
Today, we have incredible news that our unemployment rate has fallen to 4.2% – a level experts didn’t expect us to achieve until 2024.
— President Biden (@POTUS) December 3, 2021
We’ve created 588,000 jobs per month on average this year – a record.
America is back to work, and our jobs recovery is going strong.
That's the lie the media is repeating all over the place.will25u said:Today, we have incredible news that our unemployment rate has fallen to 4.2% – a level experts didn’t expect us to achieve until 2024.
— President Biden (@POTUS) December 3, 2021
We’ve created 588,000 jobs per month on average this year – a record.
America is back to work, and our jobs recovery is going strong.
Not good to under shoot the targeted number...AgOutsideAustin said:
Is that good ? I don't think that's good.
The S&P is up over 20% this year. We haven't even had a 5% pullback from the 52 week high.Owlagdad said:Tell that to the stock market.aggiebrad94 said:
Most likely they will be revised up. Check out this month's ADP private sector jobs:
534k New Job Added
Massive revisions to summer jobs numbers +600k
There are employment issues at hand but don't let the headlines scare you.
Ag87H2O said:
She is a terrible press secretary. One of if not the worst ever. I've seen wet cats that have better personalities and personas.
The only way she survives is that her comrades in the media continually let her get away with crap answers like that, otherwise she would have been deservedly run out of the press office long ago.
To Martyrdom?MaroonStain said:Ag87H2O said:
She is a terrible press secretary. One of if not the worst ever. I've seen wet cats that have better personalities and personas.
The only way she survives is that her comrades in the media continually let her get away with crap answers like that, otherwise she would have been deservedly run out of the press office long ago.
Raggedy Ann is out of the position at the end of the year.