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Re: BREAKING: Economy added 210,000 jobs in November, 

By: zzstar in FFT4 | Recommend this post (1)
Fri, 03 Dec 21 3:56 PM | 31 view(s)
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Msg. 02119 of 13955
(This msg. is a reply to 02118 by clo2)

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Jobs will be revised upwards just like the last couple of months……labor force participation up, best for the year, blah blah blah

Inflation is lower too, oil price 20% down, copper down, commodities down, blah blah blah…..market not worried about inflation.

Despite covid we are approaching pre covid unemployment numbers……4.2% vs. 3.8%. Wages are much higher now, though.

And the supply chain is improved and improving.

Go Joe!


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The above is a reply to the following message:
BREAKING: Economy added 210,000 jobs in November,
By: clo2
in FFT4
Fri, 03 Dec 21 3:48 PM
Msg. 02118 of 13955

Most on CNBC think this number will be revised upward, like the last 4 months.

BREAKING: Economy added 210,000 jobs in November, far below expectations, indicating troubled labor market recovery
The economy added a disappointing 210,000 jobs in the month of November and the unemployment rate fell to 4.2 percent from 4.6 percent, the Bureau of Labor Statistics said Friday. Economists had been expecting a gain of 535,000 jobs and the unemployment rate to fall to 4.5 percent.


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