October Jobs Report

[DSGB]

per CNBC

Expected to be 129k and 7.9

Actual: +171k non farm payrolls
Actual Unemployment rate: 7.9%

84k jobs added to August and September

 

[FaTaL]

is that good or bad?

 

[Hiphoplives4eva]

That is average. Could be better, but it also could be a lot worse. Numbers should bode well for Obama though

 

[DSGB]

It's slightly good.

171k is a good number.
Adding 84k to the previous months was good also. 300k jobs would be a GREAT number.

In my opinion, these companies are still holding jobs. Companies have record profits and no one is trying to grow. After the election, watch how jobs blow up. We will get several months over 400k in early 2013. I think these companies wanted to prevent Obama from reelection. When it's over, they will go back to printing money again.

 

[MustafaSTL]

Mittens is done.

 

[Young_and_Reckless]

Too bad that Gallup poll was wrong with their estimation of 7%. Let's see how fix news spins this today...

 

[Jello Biafra]

Mittens is done.

Its a wash really.
Obama can tout the better tha n expected jobs added number while Romney will say that the unemployment number went up.
These numbers just serve to reinforce each guys theme. For Obama it is that progress is being made and for Romney it is that the progress being made is minimal and too slow.
The only way these numbers ould have had an impact on the election would have been for the unemployent number to drop or rise dramatically. This incremental movement up and down does nothing for either side.

 

[MustafaSTL]

Its a wash really.
Obama can tout the better tha n expected jobs added number while Romney will say that the unemployment number went up.
These numbers just serve to reinforce each guys theme. For Obama it is that progress is being made and for Romney it is that the progress being made is minimal and too slow.
The only way these numbers ould have had an impact on the election would have been for the unemployent number to drop or rise dramatically. This incremental movement up and down does nothing for either side.

That's why I say he is done. Mittens needed a bad report. Obama is the favorite right now with the Electoral College. Mittens needed the final game changer.

 

[rapbeats]

It's slightly good.

171k is a good number.
Adding 84k to the previous months was good also. 300k jobs would be a GREAT number.

In my opinion, these companies are still holding jobs. Companies have record profits and no one is trying to grow. After the election, watch how jobs blow up. We will get several months over 400k in early 2013. I think these companies wanted to prevent Obama from reelection. When it's over, they will go back to printing money again.

^THIS

 

[Born2BKing]

It's slightly good.

171k is a good number.
Adding 84k to the previous months was good also. 300k jobs would be a GREAT number.

In my opinion, these companies are still holding jobs. Companies have record profits and no one is trying to grow. After the election, watch how jobs blow up. We will get several months over 400k in early 2013. I think these companies wanted to prevent Obama from reelection. When it's over, they will go back to printing money again.

Yep, you are dang skippy