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onenote

(44,880 posts)
19. As revised, the September report shows a gain of 223,000
Fri Nov 1, 2024, 11:05 AM
Nov 1

down 31,000 from the initial report you quote. Still a very good number and much higher than what was exxpected.

The August number also was revised downward and by a more significant amount -- from 159,000 to 78,000 -- a downward revision of more than 50%

From the report:
"The change in total nonfarm payroll employment for August was revised down by 81,000, from
+159,000 to +78,000, and the change for September was revised down by 31,000, from +254,000 to
+223,000."

What's particularly odd is that the original August number was 142,000 and was revised upward in October to 159,000 only to be revised downward to 78,000 in the latest report.

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0 members have recommended this reply (displayed in chronological order):

And yet experts said the number could be anywhere from negative to 180000. So 110k was a never expected. BootinUp Nov 1 #1
Yikes, as the kids say. That's barely over half the capacity of the Madison Square Garden. mahatmakanejeeves Nov 1 #2
Nobody wants to work any more. Hotler Nov 1 #3
US hiring slows but hurricane fallout blurs findings nitpicked Nov 1 #4
Unemployment at four percent. That is as about as low as it gets. It really is not an issue. twodogsbarking Nov 1 #5
Why do you think unemployment is at four percent? House of Roberts Nov 1 #6
It's literally in the title of the post and in the report Prairie Gates Nov 1 #7
I asked you a very specific question. House of Roberts Nov 1 #8
You didn't ask me anything - you asked twodogsbarking Prairie Gates Nov 1 #9
You are correct, I didn't ask you, House of Roberts Nov 1 #10
This is a discussion board Prairie Gates Nov 1 #11
If you're going to 'jump in' on a question directed specifically at another, House of Roberts Nov 1 #12
Saying that the unemployment rate is what the BLS says it is isn't a dodge Prairie Gates Nov 1 #14
I give up. House of Roberts Nov 1 #15
Yeah, I'm sure that's what's happening here Prairie Gates Nov 1 #17
Contrarianism wolfie001 Nov 1 #18
There are people in this world (on DU) who just like to disagree. Anyone disagree? twodogsbarking Nov 1 #13
September Jobs Report Miguelito Loveless Nov 1 #16
As revised, the September report shows a gain of 223,000 onenote Nov 1 #19
In other news, the Dow Jones Mr.Bill Nov 1 #20
Latest Discussions»Latest Breaking News»U.S. economy added 12,000...»Reply #19