U.S. Added 100,000 More Jobs Than Expected Last Month As Labor Market Rockiness Eases

[John Edgar Slow Horses]

The continuing recovery continues. from the Trump economic failures. If Trump is re-elected, the least of the worries will be a wild inflationary curve.

MSN

Key Facts​

The U.S. added 254,000 jobs last month, according to nonfarm payrolls data released Friday morning by the Labor Department.
That smashed average economist estimates of 150,000, according to Dow Jones data.
The unemployment rate dipped to 4.1%, compared to projections of 4.2%, where it stood in August.

Key Background​

The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists believe the U.S. is far from a full-fledged downturn despite the added angst as output roars. Concerns about the labor market were made worse by the government’s August announcement it likely overestimated job growth from March 2022 to March 2023 by more than 800,000 positions. Hiring should receive a boost from monetary policy, as the Federal Reserve lowered interest rates for the first time in 4.5 years last month, as lower borrowing costs often cause companies to loosen their belts as bottom line pressures ease. Investors anticipate the Fed to make a series of rate cuts in coming months, with futures trading pricing in a federal funds rate of about 3% as the most likely scenario by the end of 2025, nearly half of the 5.25% to 5.5% range it stood from July 2023 to last month.

 

[Blaster]

Fake News!

 

[bugs]

The continuing recovery continues. from the Trump economic failures. If Trump is re-elected, the least of the worries will be a wild inflationary curve.

MSN

Key Facts​

The U.S. added 254,000 jobs last month, according to nonfarm payrolls data released Friday morning by the Labor Department.
That smashed average economist estimates of 150,000, according to Dow Jones data.
The unemployment rate dipped to 4.1%, compared to projections of 4.2%, where it stood in August.

Key Background​

The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists believe the U.S. is far from a full-fledged downturn despite the added angst as output roars. Concerns about the labor market were made worse by the government’s August announcement it likely overestimated job growth from March 2022 to March 2023 by more than 800,000 positions. Hiring should receive a boost from monetary policy, as the Federal Reserve lowered interest rates for the first time in 4.5 years last month, as lower borrowing costs often cause companies to loosen their belts as bottom line pressures ease. Investors anticipate the Fed to make a series of rate cuts in coming months, with futures trading pricing in a federal funds rate of about 3% as the most likely scenario by the end of 2025, nearly half of the 5.25% to 5.5% range it stood from July 2023 to last month.

MSM Main Stream Media Lies..

 

[progressive hunter]

The continuing recovery continues. from the Trump economic failures. If Trump is re-elected, the least of the worries will be a wild inflationary curve.

MSN

Key Facts​

The U.S. added 254,000 jobs last month, according to nonfarm payrolls data released Friday morning by the Labor Department.
That smashed average economist estimates of 150,000, according to Dow Jones data.
The unemployment rate dipped to 4.1%, compared to projections of 4.2%, where it stood in August.

Key Background​

The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists believe the U.S. is far from a full-fledged downturn despite the added angst as output roars. Concerns about the labor market were made worse by the government’s August announcement it likely overestimated job growth from March 2022 to March 2023 by more than 800,000 positions. Hiring should receive a boost from monetary policy, as the Federal Reserve lowered interest rates for the first time in 4.5 years last month, as lower borrowing costs often cause companies to loosen their belts as bottom line pressures ease. Investors anticipate the Fed to make a series of rate cuts in coming months, with futures trading pricing in a federal funds rate of about 3% as the most likely scenario by the end of 2025, nearly half of the 5.25% to 5.5% range it stood from July 2023 to last month.

give it a month or two,,
then the real numbers will come out like the last time they claimed this,,

 

[Oddball]

Oh boy!...A fourth thread on this bullshit!

 

[progressive hunter]

The continuing recovery continues. from the Trump economic failures. If Trump is re-elected, the least of the worries will be a wild inflationary curve.

MSN

Key Facts​

The U.S. added 254,000 jobs last month, according to nonfarm payrolls data released Friday morning by the Labor Department.
That smashed average economist estimates of 150,000, according to Dow Jones data.
The unemployment rate dipped to 4.1%, compared to projections of 4.2%, where it stood in August.

Key Background​

The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists believe the U.S. is far from a full-fledged downturn despite the added angst as output roars. Concerns about the labor market were made worse by the government’s August announcement it likely overestimated job growth from March 2022 to March 2023 by more than 800,000 positions. Hiring should receive a boost from monetary policy, as the Federal Reserve lowered interest rates for the first time in 4.5 years last month, as lower borrowing costs often cause companies to loosen their belts as bottom line pressures ease. Investors anticipate the Fed to make a series of rate cuts in coming months, with futures trading pricing in a federal funds rate of about 3% as the most likely scenario by the end of 2025, nearly half of the 5.25% to 5.5% range it stood from July 2023 to last month.

https://www.cnn.com/2024/08/21/economy/bls-jobs-revisions/index.html

 

[John Edgar Slow Horses]

bugs and Blaster are weeping.

 

[bugs]

bugs and Blaster are weeping.

You Like the Horses Aye?
(Like Walz)

 

[John Edgar Slow Horses]

MAGA is anti-America history and resistant to the forces of history and acceptant to nationalism and populism.

No future pathway is open to MAGA.

 

[Independent thinker]

The continuing recovery continues. from the Trump economic failures. If Trump is re-elected, the least of the worries will be a wild inflationary curve.

MSN

Key Facts​

The U.S. added 254,000 jobs last month, according to nonfarm payrolls data released Friday morning by the Labor Department.
That smashed average economist estimates of 150,000, according to Dow Jones data.
The unemployment rate dipped to 4.1%, compared to projections of 4.2%, where it stood in August.

Key Background​

The last two weaker-than-expected job reports set off alarms about the health of the U.S. labor market and the potential for a recession, though most economists believe the U.S. is far from a full-fledged downturn despite the added angst as output roars. Concerns about the labor market were made worse by the government’s August announcement it likely overestimated job growth from March 2022 to March 2023 by more than 800,000 positions. Hiring should receive a boost from monetary policy, as the Federal Reserve lowered interest rates for the first time in 4.5 years last month, as lower borrowing costs often cause companies to loosen their belts as bottom line pressures ease. Investors anticipate the Fed to make a series of rate cuts in coming months, with futures trading pricing in a federal funds rate of about 3% as the most likely scenario by the end of 2025, nearly half of the 5.25% to 5.5% range it stood from July 2023 to last month.

Ummmmmmmm, you seem to have forgotten that it is Biden who has been president during most of the government's economic failures. But, for 3 years now, you guys have claimed how great the economy is doing and yet now you're saying it hasn't been great after all.

 

[1srelluc]

Yet we lost 7% in manufacturing jobs.....You know, where the middle class springs from.

Most of those job losses were in swing states.