The September establishment survey showed a 248k job gain, but that was the seasonally maladjusted, preliminarily guesstimated version which will be revised in October and November, and then re-benchmarked several more times in the coming years. So lets take a pass on the enthusiasm with respect to this fleeting monthly delta and consider a couple of trend points evident in this mornings release-data points which arent going to get revised away and which actually provide some fundamental insight about the actual employment situation and the true condition of the US economy.
More at link
3 posted on 10/04/2014 7:09:30 AM PDT by Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
Labor Force Statistics from the Current Population Survey
Series Id: LNS11300000 Seasonally Adjusted Series title: (Seas) Labor Force Participation Rate Labor force status: Civilian labor force participation rate. Age: 16 years and over