Nov jobs report:
Expected: 187,000
Actual: 266,000
Sept: Revised up +13,000
Oct: Revised up +28,000
UE Rate: 50 year low.
Sorry guys. I know you all were hoping for widespread economic suffering and strife. Gotta be tough for you all to see US workers doing so well.
OTOH, for those who really care about the country past getting control of the budget, numbers like this at this point of the business cycle is nothing short of incredible.
Oh yeah, stock market up 150 on the news ...
Again, sorry guys. All this prosperity is going to ruin your weekend.
Shabbat Shalom.
https://www.cnbc.com/2019/12/06/stock-market-november-jobs-report-in-focus-on-wall-street.html
.
Expected: 187,000
Actual: 266,000
Sept: Revised up +13,000
Oct: Revised up +28,000
UE Rate: 50 year low.
Sorry guys. I know you all were hoping for widespread economic suffering and strife. Gotta be tough for you all to see US workers doing so well.
OTOH, for those who really care about the country past getting control of the budget, numbers like this at this point of the business cycle is nothing short of incredible.
Oh yeah, stock market up 150 on the news ...
Again, sorry guys. All this prosperity is going to ruin your weekend.
Shabbat Shalom.
https://www.cnbc.com/2019/12/06/stock-market-november-jobs-report-in-focus-on-wall-street.html
.
