Categories
Economy

The Job numbers are in. 638,000 Jobs created.

The Job numbers are in. 638,000 Jobs created. The Labor Department is scheduled to release the October jobs report before the bell. Job growth was expected to total 530,000 in October, and the unemployment rate is expected to fall to 7.7%, according to Dow Jones. Boy were they wrong.

638,000 jobs were created vs 200-575 K expected. unemployment dropped to 6.9%. 12 million new jobs created since the Pandemic.

Categories
Economy

And the job numbers are in.661,000 new jobs.

And the job numbers are in. 661,000 new jobs. Most were expecting anywhere from 550,000 to 850,000. No one is expecting the numbers to hit 1 million. Also the unemployment was expected to be at 8.2% At the same time frame, Obama was also at 8.2%. And he had no Pandemic that shut the country down.