And THAT is the 'unadjusted' number.
Whew - no wonder they waited till Friday to release that.
http://www.theepochtimes.com/business/us-economy-adds-just-12000-new-jobs-in-october-5751967?utm_source=partner&utm_campaign=BonginoReport&src_src=partner&src_cmp=BonginoReport
...
BLS officials say that the household survey, which removes duplication, was conducted according to standard procedures and that response rates were normal. Completing the establishment survey, which gathers employment, hours, and earnings data from companies and governments, was the challenge.
“The initial establishment survey collection rate for October was well below average,” the BLS said in a statement. “However, collection rates were similar in storm-affected areas and unaffected areas. A larger influence on the October collection rate for establishment data was the timing and length of the collection period.”
The period lasted just 10 days last month and was finished several days before the month’s end.
The household survey showed 368,000 lost jobs.
,,,
Even multiplies by 3 (for 30 days) that would STILL be an astoundingly miserable number, but that would be a BOGUS method of 'correcting' the numbers. The survey is based on 'statistical' ie. percentage of households. Large time samples only increases the number of households surveyed - doesn't change the statistics except to make them more reliable.
Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...
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