Delayed November Jobs Report is out

[Mik]

News is pretty good.

https://www.msn.com/en-us/money/markets/the-delayed-november-jobs-report-is-out-here-s-what-it-means-for-rates/ar-AA1SHciy

[Axtremus]

From the article:

According to the latest data, the United States added 64,000 jobs in November but lost 105,000 in October as the unemployment rate rose to 4.6%,

Across October and November, there was a net loss of 41,000 jobs, and the unemployment rate went up. What's "pretty good" about it?

[LuFins Dad]

4.6 unemployment is actually pretty good. @taiwan_girl always pointed out that US unemployment was actually a little too low for solid growth…

[Axtremus]

@LuFins-Dad said in Delayed November Jobs Report is out:

4.6 unemployment is actually pretty good.

A fair point. What unemployment percentage would you deem less than “pretty good”?

You seemed quite a bit less sanguine around Jan. 5, 2024 when the unemployment rate was a mere 3.7% as evidenced by your series of posts from around this one: https://nodebb.the-new-coffee-room.club/post/257295