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The New Coffee Room

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  3. Bidenomics At Work

Bidenomics At Work

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  • JollyJ Jolly

    @Axtremus said in Bidenomics At Work:

    https://www.reuters.com/markets/us/us-job-growth-surges-september-unemployment-rate-falls-41-2024-10-04/

    • Nonfarm payrolls increase by 254,000 in September
    • Unemployment rate falls to 4.1% from 4.2%
    • Average hourly earnings rise 0.4%; up 4.0% year-on-year
    • Average workweek slips to 34.2 hours from 34.3 hours

    I'll wait until after November when they adjust the numbers to pass judgement...

    George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #261

    @Jolly said in Bidenomics At Work:

    I'll wait until after November when they adjust the numbers to pass judgement...

    Revision is within the margin of error.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #262

      Thank you, Brian J Foley, for pointing out that the nearly 1,000,000 jobs revised downward is less than 1% of the total number of jobs. Your 1 follower has truly been blessed by your wisdom.

      The Brad

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