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Actually 230k would NOT have been considered a disappointing number. It is and would have been very solid. I think you're off by about 100k.
Not 'would have been'. It WAS considered disappointing. I believe the average was around 240K, and every time the numbers came out people, including Donald Trump, would say it was pathetic, anemic, etc
Labor Force Participation is still very low, so there is plenty of room for bigger numbers.
Anyway, the numbers are not published until tomorrow, so maybe the discussion is premature, especially when it is based on Breitbart BS.
Disappointing? To you? The economy requires about 150k/month to expand so we shouldn't be complaining about 240k! Understand that were are at or near "full employment."
I'll bet you weren't concerned about the labor force participation rate when Obama was President. I wouldn't expect much of a change as baby boomers are retiring in large numbers....it will stay about the same give or take a few tenths.
Covfefe in action! President Trump doing what that other guy said couldn't be done.
Barry Soroto A.K.A Barack Hussein Obama pointed out that he was a total newcomer and had absolutely no experience at anything except community organizing...He was right on this
Look out for tomorrow's wage increase number. Our wealthy handlers are getting edgy that we might get a piece of the pie and interest rates are soaring on that fear. One way or another, they will take their money back.
September 2016 , we added 264,000 jobs. What are you talking about ????????
we are talking about September 2018 not 2016.
Quote:
Originally Posted by Ponderosa
Look out for tomorrow's wage increase number. Our wealthy handlers are getting edgy that we might get a piece of the pie and interest rates are soaring on that fear. One way or another, they will take their money back.
dont be stupid, interest rates are going up because this year is the first year the fed has raised rates multiple times per year in a very long time.
More good news on the economy, which is what the average person cares about
Private companies added 230,000 more positions for the month, far more than the 185,000 forecast by economists. In August, companies added 168,000, revised up 5,000 from an earlier estimate.
Unemployment, already very low, is probably headed lower. Moody’s said that it may fall down near 3 percent next year.
The person I responded to said Obama said these numbers weren't possible, that's obviously a lie seeing as Obama hit this mark multiple times and even surpassed it .
It was pretty close (5%). It met the criteria for full employment.
IMO it is best to wait for the numbers to come out tomorrow, before discussing and speculating further.
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