ExpressLane
Verified User
Expected 113,000 actual jobs added 12,000
Thanks biden/HARRIS you shouldn't change a thing.
<sarcasm>
Thanks biden/HARRIS you shouldn't change a thing.
<sarcasm>
October Jobs Report
- Thread starter ExpressLane
- Start date
Indeed...and just a few days before the election.Expected 113,000 actual jobs added 12,000
Thanks biden/HARRIS you shouldn't change a thing.
<sarcasm>
Biden-Trump supporters are garbage.
Heels Up Harris-I can't think of one thing that I would change.
ExpressLane
Verified User
Where are all the Biden/HARRIS supporters. Are they in the unemployment lines today?
Don't worry, Kamala can't find one thing she would change. We're going to turn the page back to the beginning of the chapter and read it again.Expected 113,000 actual jobs added 12,000
Thanks biden/HARRIS you shouldn't change a thing.
<sarcasm>
evince
Truthmatters
The US economy continued to expand at a robust pace in the third quarter as household purchases accelerated and the federal government ramped up defense spending. Hiring jumped by the most in more than a year. The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday. Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023. The uptick was led by broad increases across goods—including autos, household furnishings and recreational items. At the same time, a closely watched measure of underlying inflation rose 2.2%, roughly in line with the Federal Reserve’s target, figures from the Bureau of Economic Analysis showed. “There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate pace is what the economy needs, nothing more.” Here’s your markets wrap.
evince
Truthmatters
So you don’t like this result?
evince
Truthmatters
There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics
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Do you have a question that doesn't begin with "so"?
(For those who haven't been posting with the same group for two decades now, the word "so" at the beginning of a post is invariably the beginning of a strawman argument, they pretend you've said something and try to argue whatever they are pretending you've said).
evince
Truthmatters
Did you even read these undeniable facts Damo?
The US economy continued to expand at a robust pace in the third quarter as household purchases accelerated and the federal government ramped up defense spending. Hiring jumped by the most in more than a year. The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday. Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023. The uptick was led by broad increases across goods—including autos, household furnishings and recreational items. At the same time, a closely watched measure of underlying inflation rose 2.2%, roughly in line with the Federal Reserve’s target, figures from the Bureau of Economic Analysis showed. “There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate pace is what the economy needs, nothing more.” Here’s your markets wrap.
evince
Truthmatters
The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday
evince
Truthmatters
Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023.
Is this bad news?
Is this bad news?
evince
Truthmatters
inflation rose 2.2%, roughly in line with the Federal Reserve’s target
evince
Truthmatters
Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate
gfm7175
Mega MAGA
And that's the INITIAL report... it will be revised downward later. And the "gains" are from government jobs; manufacturing (and other private sector) jobs plummeted yet AGAIN.........Expected 113,000 actual jobs added 12,000
Thanks biden/HARRIS you shouldn't change a thing.
<sarcasm>
BartenderElite
Verified User
They exceeded expectations all year. Of course this is the one MAGA posts about.
BartenderElite
Verified User
As a Harris supporter, I'm more than happy to compare the Biden/Harris record on jobs w/ Trump's.
evince
Truthmatters
This is amazing results
The US economy continued to expand at a robust pace in the third quarter as household purchases accelerated and the federal government ramped up defense spending. Hiring jumped by the most in more than a year. The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday. Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023. The uptick was led by broad increases across goods—including autos, household furnishings and recreational items. At the same time, a closely watched measure of underlying inflation rose 2.2%, roughly in line with the Federal Reserve’s target, figures from the Bureau of Economic Analysis showed. “There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate pace is what the economy needs, nothing more.” Here’s your markets wrap.
No other nation has recovered from the covid mess like this