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U.S. gains 142,000 new jobs in September; unemployment 5.1%
- Thread starter Sotnis
- Start date
142K? Terrible. And I wasn't gloomy enough! My guess was 164K. Opinion?
my name
More troubling to me were the downward revisions for prior months.
THATS why I never believe anything in these economic numbers....
59,000 worth of job revisions....come on!!!!
my guess was 145,000-160,000
I even missed
142,000
WELL BELOW the CONSENSUS
Wonder what the fed is thinking now.....they are thinking negative interest rates and more QE...
This economy is worthless as I keep saying, the wake up call is finally arriving!!!!!
Great example of what massive delusion and extreme confirmation bias can result in. So the new jobs failed to meet "consensus". So what ? The bigger picture is the US added 140K jobs and the unemployment rate has trended down since 2010. In fact, this news report suggests that the unemployment rate has almost dropped in half since 2010 ( 9.8% to 5.1% ).
Great example of what massive delusion and extreme confirmation bias can result in. So the new jobs failed to meet "consensus". So what ? The bigger picture is the US added 140K jobs and the unemployment rate has trended down since 2010. In fact, this news report suggests that the unemployment rate has almost dropped in half since 2010 ( 9.8% to 5.1% ).
Your stupidity is breathtaking...long term unemployed are no longer counted...
Sometimes I wonder if you fell into a coma in the mid 80's and recently regained consciousness...Your "analysis" is a combination of willful ignorance and downright idiocy.
Your stupidity is breathtaking...long term unemployed are no longer counted...
Sometimes I wonder if you fell into a coma in the mid 80's and recently regained consciousness...Your "analysis" is a combination of willful ignorance and downright idiocy.
Exactly what I was going to say...the long term unemployed have totally dropped off making the job numbers that much more pleasant... If they actually start accounting for that the unemployment rate would be much much much higher
Mkt realizing there is never ever going to be a hike in rates. It's never been anything but bluff. Fed will do the only thing they know how to do. And we all know what that is.
EXACTLY
What the market wanted to hear "No rate hike until 2016" and thats what those job numbers enforced today, no rate hike in 2015....