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US Employers Added 210,000 Jobs in November,
Less Than Half of Estimates

Original Article

Posted By: earlybird, 12/3/2021 11:10:11 AM

U.S. employers added a paltry 210,000 jobs in November, sharply below consensus forecasts of 550,000 and more than half as many as in October, though the underwhelming job creation numbers triggered Wall Street stock futures to shoot up, as investors bet it would ease pressure on the Fed to accelerate its timetable for scaling back stimulus. The Labor Department’s jobs report, released Dec. 3, shows that non-farm payroll employment rose by 210,000 in November after rising by a revised 546,000 in October. The unemployment rate fell 0.4 percentage points to 4.2 percent, a 21-month low,

Comments:

So much for Zhou’s Building Back Better.

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Reply 1 - Posted by: Words have Meaning 12/3/2021 11:16:48 AM (No. 995936)
210,000jobs created. Not bad, but still about half of what they were predicting. How can the gurus of smart be so far off? It is obvious they are just making numbers up as they go along.
10 people like this.

Reply 2 - Posted by: DVC 12/3/2021 11:51:05 AM (No. 995978)
Traitor Joe, still knocking the slats from under the economy, smashing everything he can and claims to be surprised that the economy is tanking. Claims only. The Dems WANT the economy in ruins. That is their intent.
7 people like this.

Reply 3 - Posted by: Namma 12/3/2021 12:10:36 PM (No. 996008)
Yes. And unemployment numbers went down. Dementia joe was saying our recovery is right on track. At 4.2% the lowest rate of unemployment in years. Rush woukd have had so much fun with these numbers.
3 people like this.

Reply 4 - Posted by: Troutgreen 12/3/2021 12:26:16 PM (No. 996040)
And yet again, economists were shocked....SHOCKED, I say...at the low number. Everybody in the real world saw it coming.
4 people like this.

Reply 5 - Posted by: JubilationTCornpone 12/3/2021 1:02:07 PM (No. 996090)
Last week, some economic expert or Wall Street guru — I forget who — made a splash predicting the economy was getting ready to catch on fire going into 2022. Is there anything these experts ever get right?
3 people like this.

Reply 6 - Posted by: Nimby 12/3/2021 1:20:39 PM (No. 996112)
No Jab, no Job! How's that working for dementia Joe?
2 people like this.

Reply 7 - Posted by: Luandir 12/3/2021 2:37:54 PM (No. 996186)
Unexpectedly.
1 person likes this.

Reply 8 - Posted by: MickTurn 12/3/2021 7:51:04 PM (No. 996376)
IN SPITE OF JOEY Xiden!
0 people like this.

Reply 9 - Posted by: Surroundedbyblue 12/3/2021 8:07:39 PM (No. 996382)
Companies are slowing down hiring, they don’t want the pain associated with Covid mandates. People don’t want to work in these conditions, they want to e joy their jobs. With supply chain woes, less product to be dealt with by staff.. plenty of empty shelves. Costs are going up and most companies realize they can only pass that on to the customer for so long before product won’t be bought. I know in my business, I’m planning around things I know are hard to get.. either preordering with timeframes in mind, or simply not bothering with things that will be teoublesome to get.
0 people like this.

Reply 10 - Posted by: NamVet70 12/3/2021 8:44:03 PM (No. 996398)
Fell short of expectations, unexpectedly.
0 people like this.

Reply 11 - Posted by: bighambone 12/3/2021 11:37:29 PM (No. 996441)
Biden has not created any jobs. The jobs now being refilled mostly by returning employees were always out there, but were separated from the people who were holding them by the pandemic, and the leftist and socialist Democrat politicization and their media propaganda caused panic. Remember the toilet paper scare?
1 person likes this.

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