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December’s Jobs Numbers Might Be an Early Christmas Present for the Economy
US News and World Report ^ | DEC 2 2021 | Tim Smart

Posted on 12/03/2021 8:08:56 AM PST by frogjerk

The Labor Department on Friday will report on the number of jobs created in November in what will be the last reading of this important economic measure in 2021.

By all accounts, it should be a good number with estimates above October’s 531,000 jobs. On Thursday, the department reported that unemployment claims filings were 222,000 last week, while the four-week moving average of 238,750 was at the lowest level since March 2020. A day earlier, private payroll firm ADP’s monthly survey showed 534,000 jobs had been created in November.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bideneconomy; bidensfault; economy; jobs; jobsreport; obamasfault; unemployment; unexpected; whoops

UNEXPECTED!

1 posted on 12/03/2021 8:08:56 AM PST by frogjerk
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To: frogjerk

US hiring stumbles in November as economy adds just 210,000 new jobs
Economists expected payrolls to increase by 550,000 in November


2 posted on 12/03/2021 8:12:52 AM PST by Paul46360 (What??ME worry?)
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To: frogjerk

Well, this article didn’t take long to age badly.

November jobs number is just 210,000


3 posted on 12/03/2021 8:13:29 AM PST by rigelkentaurus
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To: frogjerk

Maybe we need to double down on Stimulus Checks, Unemployment benefits, Food Stamps, EBT and Vaccine Mandates to make things better??


4 posted on 12/03/2021 8:14:14 AM PST by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: frogjerk

Just read the headline, never read the report.

Typical FR ignorance. Give all power to Biden, Fauci and Powell and whine whine whine.

If a headline is negative everyone loves it, if a headline is positive everyone says it’s a lie.

That’s the way to do it.


5 posted on 12/03/2021 8:19:06 AM PST by SaxxonWoods
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To: eyeamok

....and import millions more third world invaders and put them on welfare.


6 posted on 12/03/2021 8:19:52 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: SaxxonWoods
Typical FR ignorance.

What the hell are you talking about?

7 posted on 12/03/2021 8:27:05 AM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: frogjerk

534,000 jobs in November? Bullshit.

It’s 210,000.

https://www.foxbusiness.com/economy/november-jobs-report-coronavirus-pandemic


8 posted on 12/03/2021 8:29:50 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: frogjerk

Justify this:

1) The labor force participation rate rose to 61.8%, (more peeps looking for jobs)

yet,

2) unemployment rate dropped about 1/2 point.

while

3) only 210,000 jobs were added.

Figure me that


9 posted on 12/03/2021 9:11:29 AM PST by chiller (Davey Crockett said: "Be sure you're right. Then go ahead'. I'm going ahead.)
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To: frogjerk
By all accounts, it should be a good number with estimates above October’s 531,000 jobs.

I am willing to guess that this reporter, Tim Smart, is smarting nicely from this lede!

10 posted on 12/03/2021 9:11:39 AM PST by SES1066 (Ask not what the LEFT can do for you, rather ask what the LEFT is doing to YOU!)
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To: carriage_hill

No one ever seems to remark on the fact that ADP’s estimate is just about always wrong, often wildly so. Why it’s cited is beyond me


11 posted on 12/03/2021 10:04:18 AM PST by j.havenfarm (20 years on Free Republic, 12/10/20! More than 3700 replies and still not shutting up!)
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To: carriage_hill
State propaganda outlets: "The economy is about a good as it could be!" That's whar Biden told them to say.

The Biden Economy Is Actually Pretty Good

12 posted on 12/10/2021 5:51:33 AM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: ding_dong_daddy_from_dumas

I dare them to take a street poll in a Red State City next month, or in January; the opinions won’t be so glowing for Bidet&Co.


13 posted on 12/10/2021 8:39:13 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: carriage_hill

If not for TDS the media propaganda believers would be very few indeed.


14 posted on 12/10/2021 9:34:00 AM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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