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10-07-2016, 07:28 AM
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#1
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Valued Poster
Join Date: Sep 28, 2016
Location: In your head MF
Posts: 302
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US created lower-than-expected 156,000 jobs in September
Job creation edged lower in September as the labor market showed there still may be room to run.
Nonfarm payrolls increased 156,000 for the month and the unemployment rate ticked up to 5 percent, the Bureau of Labor Statistics reported Friday. Economists surveyed by Reuters had expected 176,000 new jobs and the jobless rate to hold at 4.9 percent. The total was a decline from the upwardly revised 167,000 jobs in August (compared with the original number of 151,000).
"This is within the broad range of expectations," said Mark Hamrick, senior economic analyst at Bankrate.com. "The main point is, slow and steady does win the race for this recovery, which began in the summer of 2009."
Average hourly wages pushed higher, rising 6 cents to an annualized rate of 2.6 percent. The average work week also inched up one-tenth to 34.4 hours.
A broader measure of unemployment that includes those who have stopped looking for jobs as well as those working part-time for economic reasons was unchanged at 9.7 percent.
The number of workers considered not in the labor force fell by 207,000 to 94.2 million, the number in the labor population surged by 444,000 and the level of the employed jumped by 354,000, according to the household survey. The employment-to-population ratio rose to 59.8 percent, a half-percentage point gain from a year ago.
Professional and job services led the way with 67,000 new jobs while health care added 33,000 and restaurants and bars contributed 30,000.
The report comes at a critical time for the Federal Reserve as the U.S. central bank looks to resume getting rates back to normal. The Fed last hiked rates in December, the first such move in more than nine years. However, it has held off since then amid a variety of global and domestic concern.
Traders expect the Fed to hike again in December.
"This is a solid number," Cleveland Fed President Loretta Mester told CNBC. "This is very consistent with what we expected to see, certainly with my forecast."
Traders pushed chances for a December rate hike higher, from 63.9 percent prior to the payrolls report to 70.2 percent afterward.
Get the market reaction here.
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10-07-2016, 07:30 AM
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#2
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Valued Poster
Join Date: Sep 28, 2016
Location: In your head MF
Posts: 302
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Odumbass' cum dumpsters are now suppose to post and defend their lord and master
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Quote
| 1 user liked this post
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10-07-2016, 08:39 AM
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#3
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,003
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Why? You didn't attack anything, fool.
Why did you find the article interesting?
DId you read it?
Where did you find it?
See how this works?
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10-07-2016, 10:06 AM
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#4
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Valued Poster
Join Date: Sep 28, 2016
Location: In your head MF
Posts: 302
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Quote:
Originally Posted by Yssup Rider
Why? You didn't attack anything, fool.
Why did you find the article interesting?
DId you read it?
Where did you find it?
See how this works?
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Sure I did...we need 250,000 jobs created per month. We didn't get what we need, that is bad. Is it my fault you are too fucking stupid to know that?
Since we are asking a whole fucking bunch of questions, let me ask why you think sheep are companion animals?
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10-07-2016, 10:13 AM
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#5
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Sanity Check...
Join Date: Mar 31, 2010
Location: North texas
Posts: 12,569
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Charts are from the bureau of labor statistics. Obama:
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10-07-2016, 10:15 AM
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#6
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Sanity Check...
Join Date: Mar 31, 2010
Location: North texas
Posts: 12,569
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...and Hack-In-A-W-Bush:
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10-07-2016, 10:19 AM
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#7
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Valued Poster
Join Date: Sep 28, 2016
Location: In your head MF
Posts: 302
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Quote:
Originally Posted by Prolongus
...and Hack-In-A-W-Bush:
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Hey you stupid cocksucker, what do you know about labor participation rates and income growth?
I'll bet nothing...
You are always on your knees swallowing whatever jizz your liberal masters shoot down your throat...
You're a sucker...
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10-07-2016, 10:21 AM
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#8
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Account Disabled
Join Date: Sep 3, 2011
Location: Here
Posts: 7,567
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Quote:
Originally Posted by Marshall2.0
Sure I did...we need 250,000 jobs created per month. We didn't get what we need, that is bad. Is it my fault you are too fucking stupid to know that?
Since we are asking a whole fucking bunch of questions, let me ask why you think sheep are companion animals?
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There's always talk about job creation which I believe is a farce. I am yet to see anything that states who created these jobs, what type of jobs were created and how many were filled. I also don't see any evidence of the unemployment rate changing in accordance with job creation. I've come to the conclusion that job creation generated by the Government doesn't exist.
Jim
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10-07-2016, 10:30 AM
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#9
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Account Disabled
Join Date: Dec 21, 2015
Location: San Antonio
Posts: 2,050
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So what was the purpose of this thread? There have been some good months of employments and some bad. What's the overall Unemployment rate?
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10-07-2016, 10:37 AM
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#10
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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The high rollers must be spending their money on the election instead of job creation.
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10-07-2016, 02:05 PM
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#11
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,003
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More people entered the workforce during September.
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10-07-2016, 03:03 PM
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#12
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Sanity Check...
Join Date: Mar 31, 2010
Location: North texas
Posts: 12,569
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Quote:
Originally Posted by Marshall2.0
Hey you stupid cocksucker, what do you know about labor participation rates and income growth?
I'll bet nothing...
You are always on your knees swallowing whatever jizz your liberal masters shoot down your throat...
You're a sucker...
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What do you know about statistics, DICKBREATH? Truth hurts...like a barbed wire fence post up your PUSSY, Marshall Dickbreath.
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10-07-2016, 03:29 PM
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#13
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Account Disabled
Join Date: Sep 3, 2011
Location: Here
Posts: 7,567
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Quote:
Originally Posted by Yssup Rider
More people entered the workforce during September.
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Typical little dipshit. How about posting the entire article that graph came from.
Jim
http://money.cnn.com/2016/01/13/news...-of-the-union/
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10-07-2016, 04:39 PM
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#14
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,682
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Quote:
Originally Posted by Prolongus
What do you know about statistics, DICKBREATH? Truth hurts...like a barbed wire fence post up your PUSSY, Marshall Dickbreath.
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But Bunghole, you left out this statistic
http://www.cnsnews.com/news/article/...ion-rate-drops
Yep, almost 1/3 of the population quit looking for work ProlapsedBunghole. And you're not a Libertarian voting for Gary Johnson. You're a puke libtard voting for Clinton. But so is Bill Weld Bunghole!!!!!!! What a dumbfuck.
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10-07-2016, 05:37 PM
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#15
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Premium Access
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,663
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Quote:
Originally Posted by Luke_Wyatt
So what was the purpose of this thread? There have been some good months of employments and some bad. What's the overall Unemployment rate?
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Go fuck yourself, and stop wasting everyone's time and spamming threads with your ignorance. The rate is mentioned in the OP. Learn to fucking read, you moron.
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