Posted on 10/04/2024 6:01:45 AM PDT by zeestephen
Nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate ticked down to 4.1% despite expectations for it to hold steady at 4.2%.
(Excerpt) Read more at cnbc.com ...
CNBC (Business News) is the most politically biased website I read every day.
90% of their Trump related headlines are angry, or mocking, or baseless accusations.
The other 10% are neutral.
100% of their Kamala related headlines are cheerful, smiling, and laudatory.
LOL, EVERYTHING IS PEACHY! GO VOTE!
Just doin’ what it takes to get the Jamaican elected and destroy America.
what an effin’crock...
“after blockbuster jobs report...”
I guess the word ‘revision’ hasn’t yet entered the vocabulary of these high-energy ‘investors’.
Good probability it happens, because so few in the US are in panic mode.
Oh, look! It’s “joy” everywhere.
Govt eports cannot be believed anymore. They’ll be reversing this one too once its usefulness is gone.
More games with numbers.
“Jump 200 points”?
That’s like 1/2 a percent. It went down -185 yesterday.
LOL!
The Gaslight Media comes in with a bigger gaslight for KamaLOL.
To be downgraded next month, just as the previous month was downgraded, but surprise! Next month will show a big jump.
This is the LAST jobs report before November 5 - election day.
“It went down -185 yesterday.”
Yep and I just checked and it’s currently breaking even......not exactly comforting.
A block buster jobs report to be revised DOWN at a later date when no one is paying attention!!!!
How long can deep state keep pumping up the stock market until it just gets too heavy and collapses?
I remember a quote by Nancy Pelosi during the Bush admin that a jobs report under 500,000+ was not good. I have searched for that quote for years... Anyone else remember that?
I don’t worry about day to day noise when it comes to investing over the long term in index funds.
Yes, and this one will be revised downward, near or on Nov. 6th. Anyone doubt it?
November 1st is a Friday.
I think the jobs report comes out the first Friday of every month.
No economic stat released by Biden is credible. The BLS cooks the numbers. Obama did the same thing during his reelection.
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