October Jobs Report... Good News?

Politics
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Private Sector Shrank By 28,000, Worst Since 2020, While Government Jobs Rose 40,000

Good news?

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Not good news. What i don’t understand is how does a strike effect labor numbers

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I’d be concerned about the downward revision of about 100K jobs for the previous two months.

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downward revision after all those early votes were cast

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Each or total? Wasn’t last month like 240k

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total was 112K for both months.

this ain’t looking good either

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Does it?

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Kamalanomila

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I often wonder that myself. Technically they’re still employed.

But again what do I know.

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I really don’t know. I don’t understand why it’s brought up in discussions the labor market

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I also know they try to blame it on hurricanes…not sure I’m buying that. Maybe temporary in effected area but afterwards clean up and rebuild create more jobs.

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I don’t think it does. As @conan said, they aren’t unemployed.

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According to AI

image
image1096Ă—220 12.9 KB

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when did the strike start?

and just for accuracy, the original story is wrong, there are not 44K striking workers, there’s 33K

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I checked it, yep.

But and there is a but in this. Most of the time they get back pay for being on strike as being part of agreement. :wink:

So where they even unemployed?

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no, and we should not count them as such

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