Author Topic: Unemployment hits 49-year low, economy adds 134K jobs in September  (Read 1249 times)

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Offline mystery-ak

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Unemployment hits 49-year low, economy adds 134K jobs in September
By Vicki Needham - 10/05/18 08:35 AM EDT

The U.S. economy added 134,000 jobs in September, well below expectations, as the labor market still shows strength heading into the fall. 

The unemployment rate fell to 3.7 percent for the lowest level since December 1969, the Labor Department reported on Friday.

Mark Zandi, chief economist of Moody’s Analytics, said after a private survey found that businesses added 230,000 jobs last month, that at the current pace of job creation, unemployment will fall into the low 3 percent’s by this time next year.

Estimates had been for about 184,000 jobs in September.

There were 87,000 more jobs in July and August than initially reported.

After revisions, job gains have averaged 190,000 a month over the past three months, a sign of continued strength in the labor market.

more
https://thehill.com/policy/finance/409976-september-jobs-report
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Offline Frank Cannon

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #1 on: October 05, 2018, 01:00:14 pm »
These numbers are great. God Bless Trump.

Offline IsailedawayfromFR

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #2 on: October 06, 2018, 03:20:43 am »
Which proves the spectacularly incorrect reporting like this

Here's How Many Jobs America Could Lose Because of the Trump Tariffs

http://time.com/money/5322347/trump-tariffs-jobs/
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Offline dfwgator

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #3 on: October 06, 2018, 03:21:35 am »
Trump, that damned liar!

He said we'd get tired of winning.


Offline RoosGirl

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #4 on: October 06, 2018, 04:02:34 am »
3.7% my ass.  What's the real rate?

Offline corbe

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #5 on: October 06, 2018, 04:59:52 am »
   If he's still using obummers BLS BS, that he Campaigned against, (and He is), there's no telling what it is.  With that being said, A significant part of the economy, particularly for the marginalized/unemployed is Underground/Barter (slinging dope at the local Taco Bell qualifies), no doubt the economy is better under Trump's first 2 years, I'm doing better and I'm retired.
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Offline Cyber Liberty

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Re: Unemployment hits 49-year low, economy adds 134K jobs in September
« Reply #6 on: October 06, 2018, 05:47:01 am »
3.7% my ass.  What's the real rate?

U6 is 7.5, as of September.
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