U.S. Economy Added 148,000 Jobs In September

FoxBusiness.com ^ | 10/21/2013 | Dunstan Prial

[mykroar]

After a delay of more than two weeks caused by the budget impasse in Congress, the Labor Department said Tuesday the U.S. economy added just 148,000 jobs in September, an amount unlikely to persuade the Federal Reserve to begin scaling back its easy-money policies.

The headline unemployment rate fell to 7.2%. Economists had predicted the addition of 180,000 new jobs last month and that the rate would hold steady at 7.3%.

The release of the September jobs report, initially scheduled for Oct. 4, was delayed by the 16-day partial government shutdown due to the fiscal standoff in Congress. The turmoil ended last week with an agreement to temporarily fund the government and suspend the nation’s debt limit.

Analysts said ahead of the release of the labor numbers that the fiscal uncertainty leading up to the Oct. 1 shutdown and the parallel threat of a government default would likely impact hiring in September.

[St_Thomas_Aquinas]

I met with my family the other night- All o’bummer NUTS- ALL looking for jobs- Can’t figure out why no one is hiring!-

That's why we can never allow socialist policies to go into effect without a fight, hoping that liberals will learn from the disastrous results, because they CAN'T EVEN LEARN FROM FIRST HAND EXPERIENCE.

[ltc8k6]

http://www.zerohedge.com/news/2013-10-22/us-somehow-adds-691k-full-time-jobs-september

US Somehow Adds 691K Full-Time Jobs In September

while the September Establishment Survey was a disappointing +148K, far below expectations, it was the Household Survey where the fun was.On the top line, the gain in jobs was comparable to the Establishment number: a timid 133K. However, looking at the breakdown between Full-Time and Part-Time jobs reveals something simply hilarious. The chart below summarizes it. According to the BLS’ magic calculations, in one month, the month during which the so-called uncertainly surrounding the government shutdown hit its peak (if one listens to CEO apologists), the US work force saw the rotation of some 594K part-time workers into a whopping 691K full-time jobs, in addition to adding over 100K net new jobs in the month.

[John W]

Yes. Per this headline and similar——

Wall Street up on Fed-affirming jobs data

[grania]

Does the working age population increase by an average of 175,000 evey month? And that without adding in invaders and legal foreign workers? And the unemployment rate is going down?

My head is spinning.....