Discover and read the best of Twitter Threads about #JobsReport

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Labor market slowed substantially in Sept.

134,000 added jobs indicating worker shortages and U.S. trade skirmishes are cutting hiring.

Who could have predicted that trade embargoes would be bad for the workers who benefit from free trade?… #jobsreport
Look, the problem isn't the unemployment rate.

The problem is that when the Great Recession hit, millions of good paying jobs disappeared.

The economy is bouncing back, but those good paying jobs have been replaced by low paying jobs. #jobsreport
For a concrete example of this, watch this report on just one city: Dayton, Ohio. #JobsReport

FRONTLINE, Left Behind America…
Read 4 tweets
Back-to-school #jobsreport shows a continue shortfall in public education jobs…
@EconomicPolicy (1/n)
This morning’s #jobsreport showed that the economy added 134,000 jobs in September, down from 270,000 jobs created in August.

Note: large revisions increased the August number from their initial report. (2/n)
This below trend topline number is partially due to Hurricane Florence, which made landfall during the reference period for this survey. Over the last three months the labor market has added 190,000 job per month on average, which is likely closer to the underlying trend. 3/n
Read 8 tweets
Happy #JobsDay #JobsReport!


+200K jobs. If >0, that’d extend longest streak of monthly job creation on record to 93 months. So steady for so long (graph).

Unemployment expected to tick even lower: 3.8%.

Big question: wage growth?
I worked as @WhitehouseCEA senior economist for labor in 2016-‘17. Briefed @WhiteHouse & LaborSec on #JobsReport monthly

I was honored to serve American people:


Now I brief u!
At 8:30ET, we get the most-important read on economic change, especially for working families.

Public servants toiled all month surveying abt 200K bizs + individs, crunched into #JobsReport stats. Thanks @BLS_gov!

@ryan_d_nunn @dwschanz @MichaelRStrain…
Read 26 tweets

❌Unemployment is UP: 4%
❌Wage growth stagnant at 2.7%
☑️213,000 non-farm jobs added

Most of the jobs lost (20k) were in retail.
#USD looks...not so great. (see graph below. The US dollar is tanking.)
h/t @eToro
"The number of unemployed persons increased by 499,000 to 6.6 million. A year earlier, the jobless rate was 4.3 percent, and the number of unemployed persons was 7.0 million."
Read 3 tweets

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