2016 Postmortem
Related: About this forumDAMN Huffington Post look what they have on there headline
Not the 171,000 jobs gained but 7.9% ASSHOLES!!!!!! http://www.huffingtonpost.com/
aaaaaa5a
(4,667 posts)She was GOP for most of her life. Then switched when she saw a business/entertainment opportunity.
She's a lot like Michelle Bernard
skeewee08
(1,983 posts)pointsoflight
(1,372 posts)If you focus on just the 7.9%, it might only appear mediocre, but when you dig in, the report is pretty strong and far, far exceeded expectations.
durablend
(7,460 posts)That you can count on.
leftynyc
(26,060 posts)Higher than expected jobs. Market responding well in futures. I was surprised.
faithfulcitizen
(3,191 posts)Faith9326
(304 posts)A lot of economists were predicting that it would go back up to 8%
BlueStreak
(8,377 posts)In addition to this month's positive report, there was an upward revision of 50,000 jobs from the past 2 months.
The thing that Jack Welch doesn't understand -- I should say one thing among millions of things Jack Welch doesn't understand -- is that the unemployment "rate" comes from a different survey than the payroll employment number. So it is natural that the two numbers don't line up exactly every month. It has very little to do with the number of people deciding to enter or leave the work force. It is simply a case of two different groups of people conducting two different kinds of surveys that were never intended to match up in the very short term. Over the longer term, they should tell basically the same story -- and they do.