Posted on 12/02/2016 6:03:51 AM PST by John W
Non-farm payrolls grew at 179K for November, in line with expectations, as the unemployment rate dropped to 4.6%.
October was revised lower by 19K to 142K, while September was increased to 208K for a net decline over the past two months by -2K.
Household employment was up by 160K after falling by 43K in October.
The U6, rate which is a broader view of those employed dropped to 9.3%, compared to 9.7% in September.
Earnings dipped 0.1% last month following a 0.4% surge previously. Average hours were steady at 34.4. Private payrolls increased 156k, with goods producing jobs up 17, and construction up 19k, while manufacturing slid 4k. Private service sector employment increased 139k jobs, helped by a 63k gain in business services. Government jobs rose 22k.
(Excerpt) Read more at fxempire.com ...
Bovine fecal excrement
Phony jobs increase that will become evident in the next year....maybe right after the holiday return season.
I wonder what the labor participation rate is?
Yep, just in time to give Obama credit for saving the economy. How convenient. BTW, I have a bridge in Brooklyn I am trying to sell cheap. Interested?
The participation rate, which shows the share of working-age people in the labor force, decreased to 62.7 percent last month from 62.8 percent.
How much?
I’ve got some 401K funds that I can use but, I need an ROI; time and money.
/snark
there will be a drive to push out a bunch of fake numbers to try to make Obama’s legacy look good and to have those fake numbers to compare to Trumps.
It’s a good thing Obama is leaving the presidency.
The employment participation rate is falling faster than the employment rate !!!
Give him another year and they will declare 0% unemployment by removing everyone without a job from the “actively seeking employment” column.
We’re about 50 days away from this being a terrible report and anything under 300k new jobs being an abject failure.
3,000 extra jobs decreases the unemployment rate .3%??? It will be so nice to get real numbers from the Labor Dept. after Obozo’s crew leaves D. C.
I don’t care. Trump is the POTUS Jan 20. History will record Obama favorably, with a street named after him in every leftist city in the US, because the left controls all conduits of information that flow to our children.
LOL!
Yep, the real picture.
In January on the first day of the new session, the GOP is going to 1) slash taxes, 2) repeal Obamacare, 3) cut immigration and allocate funds to building the wall.
Right?!? Because people are getting laid off all over the country!
I agree. The goal for the affirmative action president was substantially dropped.
When 43 was in office we had to have at least 300k just to keep up with population growth.
Bet we return to that in February.
The days of the media jumping up and down about 140k jobs being good are over in 50 days.
Obama Legacy Pimping is pumped-up to 11 today.
The Unemployment Rate Drops to 4.6%
And I have bridge to sell. It’s in Brooklyn but I can let it go cheap.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.