Unemployment despite small job gains report

Jake Starkey said:
www.msn.com/en-us/news/us/us-unemployment-rose-in-november-despite-job-gains/ar-AA1Ss7mt?ocid=msedgntp&pc=BINBAN&cvid=69419d131b544f67ac25b0b2822a38b8&ei=60

View attachment 68040

The U.S. unemployment rate rose to 4.6% in November, its highest in more than four years, fueling questions about the economy’s underlying strength.

A long-delayed government report on Tuesday showed that 64,000 jobs were gained in November, while 105,000 jobs were lost in October. Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.

The unemployment rate in November was up from 4.4% in September, the last month the Labor Department reported for that metric.

Still, market reaction was muted. Major stock indexes traded moderately lower.

Stephen Stanley, chief U.S. economist for Santander US, said there could have been “a lot of statistical noise” in the report, including possible distortions from the government’s long closure. The shutdown prevented the Labor Department from collecting some of the jobs-market data that it normally would have...

“Given the contrasting signals from payrolls and the unemployment rate, you’d hope to get a cleaner read in December,” Stanley said.

“What I can conclude is that we’re not falling off a table,” he added.
Click to expand...
Wow what a great number considering we have deported over 2 million people so far. I suppose you could argue that everyone of those more than 2 million people didn't have jobs. Unfortunately we know that's not true, most of the new jobs that the Biden administration created went to illegal aliens so
I guess we got to come up with a different theory. In fact most of the job reports during the Biden administration showed flat or negative job growth for American citizens but it was booming for illegals. I am over the moon with these numbers considering how many people have been sent back to their homes. It's happy days for American citizens again.
 
FastLane said:
Wages are growing faster than inflation and GDP is growing. And almost 100% of jobs are being filled by Americans.
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America lost more jobs than it gained in three of the last six months. And the three months that had gains were anemic in magnitude.

It's ridiculous that you are celebrating :cheer: :clink: that record of failure.
 
Earl said:
Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an increase in purchasing power from the previous year.
Jul 2024 to Jul 2025

4.2%
Nominal average weekly wage growth
Jul 2024 to Jul 2025

2.7%
Inflation rate
The Bureau of Labor Statistics has published average weekly wage data for more than 19 years, since March 2006. Looking back, average wages outpaced inflation 71.9% of the time. Most recently, wage growth was faster than inflation in every month since February 2024.
usafacts.org

Are wages keeping up with inflation? | USAFacts

Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an...
usafacts.org usafacts.org
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Inflation is up, purchasing power is done, UE is at 4.6, and rising.

If people don't think "affordability" and "it's the economy, stupid" don't win elections, those people don't need to eat.
 
Tobyturd is not getting it. 650K have been forcibly deported. Another 1,900,000 have voluntarily left this year.

Biden deported almost 300,000 in 2024 and and about 600,000 self-deported
 
Jake Starkey said:
www.msn.com/en-us/news/us/us-unemployment-rose-in-november-despite-job-gains/ar-AA1Ss7mt?ocid=msedgntp&pc=BINBAN&cvid=69419d131b544f67ac25b0b2822a38b8&ei=60

View attachment 68040

The U.S. unemployment rate rose to 4.6% in November, its highest in more than four years, fueling questions about the economy’s underlying strength.

A long-delayed government report on Tuesday showed that 64,000 jobs were gained in November, while 105,000 jobs were lost in October. Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.

The unemployment rate in November was up from 4.4% in September, the last month the Labor Department reported for that metric.

Still, market reaction was muted. Major stock indexes traded moderately lower.

Stephen Stanley, chief U.S. economist for Santander US, said there could have been “a lot of statistical noise” in the report, including possible distortions from the government’s long closure. The shutdown prevented the Labor Department from collecting some of the jobs-market data that it normally would have...

“Given the contrasting signals from payrolls and the unemployment rate, you’d hope to get a cleaner read in December,” Stanley said.

“What I can conclude is that we’re not falling off a table,” he added.
Click to expand...
This is what an A+++++++++ economy looks like.
 
Jake Starkey said:
www.msn.com/en-us/news/us/us-unemployment-rose-in-november-despite-job-gains/ar-AA1Ss7mt?ocid=msedgntp&pc=BINBAN&cvid=69419d131b544f67ac25b0b2822a38b8&ei=60

View attachment 68040

The U.S. unemployment rate rose to 4.6% in November, its highest in more than four years, fueling questions about the economy’s underlying strength.

A long-delayed government report on Tuesday showed that 64,000 jobs were gained in November, while 105,000 jobs were lost in October. Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.

The unemployment rate in November was up from 4.4% in September, the last month the Labor Department reported for that metric.

Still, market reaction was muted. Major stock indexes traded moderately lower.

Stephen Stanley, chief U.S. economist for Santander US, said there could have been “a lot of statistical noise” in the report, including possible distortions from the government’s long closure. The shutdown prevented the Labor Department from collecting some of the jobs-market data that it normally would have...

“Given the contrasting signals from payrolls and the unemployment rate, you’d hope to get a cleaner read in December,” Stanley said.

“What I can conclude is that we’re not falling off a table,” he added.
Click to expand...
ADP report says the economy shed 32,000 jobs in November.

adpemploymentreport.com

ADP Employment Reports

The ADP Research Institute® works in close collaboration with Stanford Digital Economy Lab and its experienced team of labor market researchers to publish employment reports.
adpemploymentreport.com
 
Lionfish said:
iu
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Reported numbers are not "straws".
 
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