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In reply to the discussion: Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show [View all]Wiz Imp
(9,067 posts)24. The unemployment rate has increased by 0.6% since Trump took over in January.
Jobs have increased by a total of just 119,000 in the 8 months since April, an average of less than 15,000 a month. The last time the US saw economic data this bad (excluding the pandemic effect in 2020) was in 2008 just as the Great Recession was starting. It definitely appears we are on the verge of a recession if we aren't already in one and it is likely to be a really bad one.
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Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show [View all]
BumRushDaShow
Dec 16
OP
We have many thousands from the government that lost their jobs this last year to be tallied.
mysteryowl
Dec 16
#8
No, the acting director of the BLS is William J. Wiatrowski, a long time deputy director
progree
Dec 18
#40
They lost about 20% of the lower level staff with the "Fork in the Road" stuff
BumRushDaShow
Dec 16
#9
Soon: the last 2 months are always subject to revision in each report, and almost always revised
progree
Dec 17
#34
I guess you missed my point--and joke. The numbers seem more in line with...
Ol Janx Spirit
Dec 16
#16
Their pre-seasonal-adjustment numbers are that jobs increased 679k jn October and 241k in November
progree
Dec 17
#32
These are seasonally adjusted numbers, so seasonal hires have been already adjusted for
progree
Dec 16
#19
MaddowBlog-Unemployment rate reaches a four-year high as Trump's economic woes continue
LetMyPeopleVote
Dec 17
#30