ST Alpha - "October jobs report below expectations at +261k, unemployment 4.1% -- nm" (Reading a Post)

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October jobs report below expectations at +261k, unemployment 4.1% -- nm

Posted by znufrii Nov 3 '17, 07:00

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I'm starting to see a trend here: -- (link) - decline Nov 3, 07:30
[deleted] 10
- 300K+ and a lot of the jobs this month were food service jobs that were lost in Sept. from the hurricanes. The unemployment number is a joke and I - Krusty Nov 3, 07:06 8
  - It’s not a joke, it just measures one particular dimension. There’s no single measure taken by itself that provides the whole picture. -- nm* - znufrii Nov 3, 07:11
  - [deleted] 6
    - I think it's giving people a false sense of the actual situation. - Krusty Nov 3, 07:11 5
      - U-6 is down to 7.9% -- nm - znufrii Nov 3, 07:31
      - It’s also only one of like a half dozen metrics they provide. - mafic Nov 3, 07:31 1
        
        My issue is they only discuss one number and rarely if ever report the others. I'd like to see a more true picture of the situation and - Krusty Nov 3, 07:36
      - [deleted] 1
        
        I want a more truthful number that doesn't leave out so many people that aren't working. - Krusty Nov 3, 07:35
- Expectations were around +325k as a rebound from the hurricanes - znufrii Nov 3, 07:05
I see these numbers and wonder where the hell the inflation is?? WHERE? -- nm - Bacon Nov 3, 07:03 1
- Kept in check by the chronic devaluation of labor? -- nm - znufrii Nov 3, 07:15

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