here's this month's, just out at 8:30 a.m.:
Unemployment up slightly from 7.8% to 7.9%, with 171,000 jobs added, a nice number (beating expectations), plus more than 80,000 gained in revisions to previous months. August revised up from 142K to 192K, September revised up from 114K to 148K.
Now awaiting how these numbers "cooked." One of the wingnuts' claims: those August and September numbers would be revised downward now. Whoops. But the Romney camp will no doubt now claim that unemp "rising again." Obama folks can point to it staying under 8% along with the jobs added.
BTW, numbers show unemp rose because 578,000 joined the work force, countering another GOP argument that so many are exiting.
Ezra Klein: "This jobs report is good, but it won't change the race. Which is as it should be."Business Insider: "Markets jump on jobs report." Felix Salmon: Guess Wall St. wants an Obama win, after all.
Friday, November 2, 2012
November Jobs Report Out
is author of a dozen books (click on covers at right), including the new "THE TUNNELS: Escapes Under the Berlin Wall and the Historic Films the JFK White House Tried to Kill." He was the longtime editor of Editor & Publisher. Email: firstname.lastname@example.org. Twitter: @GregMitch