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US Jobs Dropped By 33,000 In September, Likely Due To Storms (npr.org)
An anonymous reader shares an NPR report: The U.S. economy shed 33,000 jobs in September, according to the latest report from the Bureau of Labor Statistics, while unemployment fell to 4.2 percent. The September payrolls drop broke a nearly 7-year streak of continuous job gains. But economists caution that the drop is likely representing the short-term consequences of bad weather, not a long-term shift in the job market. Before this report, the economy had added an average of about 175,000 jobs per month; the unemployment rate has been at 4.3 or 4.4 percent since April. Job growth in September was expected to be lower than usual because of the effects of several devastating hurricanes. Economists did not generally predict an actual decline, but a not-so-stellar report was widely anticipated.
The long overdue Hillary Recession is finally coming. The end is neigh!
The decline in Oil and Natural Gas industries... But yeah uh its the weather.
Given that the hurricane-stricken areas are in semi-tropical places where construction can (and probably does) happen year-round, I'm betting that there will be a massive boom in construction jobs coming in the next month or two, and lasting maybe 6 months or more. Someone's gotta rebuild all that stuff, after all...
Quo usque tandem abutere, Nimbus, patientia nostra?
Less jobs, but also less unemployment. I can only conclude that means we also have less people now. Thanks Harvey?
In spite of having a BSEE (and MS courses) I do mostly construction "gigs". Gigs are ramping up, due to storm damage rebuilding, and lots of people in the HR / hiring world know about it. I wonder if Bureau of Labor Statistics has any clue about what's really happening out in the real world?
ACs and other Haters flinging poo.
Be sure to duck.
Aren't we pretty sure it's Trump's fault?
Or the Russians?
Or Global Warming. Ah...that works "storms" = global warming. NOW I can fit this news into my preconceived worldview.
-Styopa
Can you really blame us for voting him in? I mean this is a guy who has a hurricane machine since he obviously caused the bad weather this article is talking about. Would you want to vote against someone with a hurricane machine? We had no choice!
Ok. I'm holding my breath for exactly that. I'm sure it will happen any day now.
Yep. Any time now.
...
Plug in your political affiliation and start pointing fingers now...
Democrat
Trump
Climate Change
Misogyny
Russia
Republican
Obama/Clinton
Abortion
Snowflakes
BLM
Or maybe, instead of picking sides, and listening to the talking heads, we could just for a moment stop and realize that "the other side" isn't all evil/crazy, and that they just see things through a different lens that we should try to understand instead of listening to our individual echo chambers.
Just another day in Paradise
Make Earth Bake Again
Wait what? Hurricanes are caused by global warming now? What caused Hurricanes Andrew, Betsy, and Camille then?
We've been lucky to have a long stretch without any major hurricanes hitting the US. So I guess any hurricane now has to fit the agenda?
Still waiting for slashdot to post an article about the growth rate surpassing 3% as described in that nasty conservative rag USA Today:
https://www.usatoday.com/story/money/2017/09/28/u-s-economic-growth-revised-up-3-1-rate-q-2/711674001/
That 3.1% growth was higher than anything under Obama, as confirmed by far, alt-right Nazi organization politifact:
http://www.politifact.com/illi...
Oh snap, they're MSM and left wing hacks respectively
Old useless turds don't keep their skills up.
Storm or no storm, we the elite tech gods of Slashdot always have jobs, and we always earn six figures or more, because we keep our skills up.
wave after wave of Hurricane due to global warming
Whew! It's a good thing we haven't been having any global warming for so long, with that huge stretch of no major hurricanes of any kind landing in the US despite the climate alarm industry telling us year after year that THAT year was going to be the one with a huge number of record hurricanes. During which we got exact none. Year after year. Or was it that global warming was WORSE decades ago, when there were more storms landing then during all of those recent years? Gotcha.
Don't disappoint your bird dog. Go to the range.
Let's get in the wayback machine and go back to May 4, 2012.
https://twitter.com/realDonald...
You will notice that in this tweet, Donald Trump is complaining about a labor force participation rate of 64.3%, and that there should be 300,000 new jobs per month.
Last month, the labor force participation rate was 63.1% and the economy lost 33,000 jobs.
Before you say, "but, hurricanes!", let me remind you that before last month, there were 83 consecutive months of job growth in the US. The longest uninterrupted period in US history. There was a little storm called "Sandy" that hit the Northeast in October of 2012...and we still had job growth. The labor participation rate was higher then, too.
You are welcome on my lawn.
Get yourself a couple of American Red Cross hand-crank flashlight/smart phone charger in case of emergencies.
What is really pathetic is that someone modded up your moronic post.
Can we please stop quoting the unemployment rate. It doesn't mean anything.
Over the past 15 years I was unemployed for about 6 years, but was only counted as unemployed for about 6 months.
If you don't apply for unemployment, you don't count. If you make ANY money, you don't count. If you don't qualify for unemployment, you don't count. If your unemployment expires, you don't count.
Actual unemployment is likely closer to 20%, with underemployment at a whopping 26% past that. That is almost half the country not employed at the level they should be. Add in our degraded education system and our deregulated swinging economy, and we are fucked.
We are finally finally seeing rising wages after the sevre Great Recession eliminated so many jobs.
33,000 lost is no biggie in the grand scheme. Now if we loose more next month then I will worry as it shows a trend of contraction
http://saveie6.com/
Obviously that's still Obamas fault?
A loss of 33K jobs in a month is pretty much in the noise level.
Wait what? Hurricanes are caused by global warming now?
Here's what has happened over the last few decades: "it is virtually certain that intense tropical cyclone activity has increased in the North Atlantic since 1970."
Here's what we expect with global warming:
Although projections under 21st century greenhouse warming indicate that it is likely that the global frequency of tropical cyclones will either decrease or remain essentially unchanged, concurrent with a likely increase in both global mean tropical cyclone maximum wind speed and rainfall rates, there is low confidence in region-specific projections of frequency and intensity. Still, based on high-resolution modelling studies, the frequency of the most intense storms, which are associated with particularly extensive physical effects, will more likely than not increase substantially in some basins under projected 21st century warming and there is medium confidence that tropical cyclone rainfall rates will increase in every affected region. - http://www.ipcc.ch/pdf/assessm...
Rainfall is what caused most of the damage this year AFAIKT, so that seems in line with our expectations for a warmed world, though these are early days and large impacts are not anticipated until later in the century. Possibly this was just bad luck. Possibly the impact was enhanced by global warming. Either way it's probably it is something we should learn to get used to.
Neither Puerto Rico nor US Virgin Islands are part of this measure.
It's far worse.
-- Tigger warning: This post may contain tiggers! --
Dow Jones up 27% in less than one year.
Yeah, real terrible. I bet you think Clinton would have the market up 50% or more?
I'm waiting for the State of the Union where Trump plows Ivanka then eats the baby and he is applauded for loving his family and letting that baby not be aborted.
Are we tired of winning yet?
You do understand that there actually were more hurricanes right? That the 12 year "drought" is completely made up. The world is a much bigger place than just the gulf coast and Florida. Look at the number of hurricanes hitting south America during that 12 year "drought" Here's a hint, more storms in the last decade and than in all record keeping prior.
I'm tired of this same old stupid-assed argument that is easily dis-proven over and and over with a simple google search. Anyone still believing this tripe is willfully ignorant or blinded for various other reasons.
My grand-father talked about WW2 and how cold Germany would get in the winter. That is no longer the norm and hasn't been for 30 years. There are parts of the world seeing the effects of global warming. There are entire island nations having to relocate due to sea rise. It is time to stop debating whether it exists and start debating about what to do about it. Rolling back environmental regulations is counterproductive as well, if you're headed for a rocky terrain you don't slam on the gas harder to get their quicker.
There sure are a lot of weasel words in that IPCC quote.
"Somebody has to do something. It's just incredibly pathetic it has to be us."
--- Jerry Garcia
PROLOG: This post will contain ACTUAL ASSEMBLY FROM MS-DOS COMMAND.COM making it possibly one of the best AC comments on slashdot today despite being creimer related so stick around.
It's so cute when he says
"Did something happen in Las Vegas?"
"What the fuck is a creimer?"
I am sure he plays dumb like this in real life as it got him out of trouble back when he was in special education. It probably gets him out of trouble today too.
Except when he does it now as a 50 year old man with a 20 year career behind him it makes him look like an incompetent dipshit, mean his "contracts are not renewed" (FIRED) and he's passed up for promotions and interesting work. Good work creimer you didn't just shoot yourself in the foot. You shot yourself in the foot and when people laughed you said THAT'S NOT TRUE. then you changed socks and shot yourself in the dick so nobody would think you were stupid enough to shoot your own toes off.
Earlier creimer claimed he deleted his roomate's 1996 thinkpad that was for some reason running pure DOS as it required command.com to use and he somehow broke it by typing del *.* in C:\>. He claims this was the first time he used DOS. Only reposting because this contains actual DOS asm code! This feature alone means it may well be one of the best things posted to slashdot all day long.
1) c64 supports wildcards so certainly you'd recognize the foolishness of typing something as obviously fucking stupid as del *.* ./msdos/v11source/COMMAND.ASM:179:SUREMES DB "Are you sure (Y/N)? $" ./msdos/v11source/COMMAND.ASM:1253: MOV DX,OFFSET TRANGROUP:SUREMES ;"Are you sure (Y/N)?"
2) Your dos is weak as fuck because you can type >DEL. and save yourself 3 keystrokes.
3) All versions of MS-DOS command.com have asked you if you are sure you want to delete everything since version 1.1 and you have to press the Y key
In all subsequent versions of COMMAND.COM's DEL you have to press Y and hit return.
So you typed DEL *.* like a jackass. Then it asked you if you were sure and you had two more chances not to fuck up your buddy's work computer.
Jesus christ with friends like you... well why not kys?
Please God, make creimer forget to breathe. This would take of major problems that we experience on our beautiful planet nowadays, methane emissions being only one of them.
He is so dumb that nobody will ask any questions if that happens.
Warmer water gives storms more activity, cool water lessens them.
Temp of the oceans is going up.
Seasons with the most named storms in the Atlantic, 1851 - Present
https://www.wunderground.com/hurricane/top10.asp
That's how you report a scientific finding, genius.
Since you like DMCA so much I'm scouring your ebooks and websites for trademarks so that I can report them!!!
You'll be hearing from the cabbage patch people soon!!! YaY!
I've also notified the FTC of your posts that admit deliberate misuse of DMCA which carries a heavy penalty.
--Minna Giovanna
Words like "confidence" and "Likely" have very specific meanings here: https://www.ipcc.ch/pdf/suppor... . Of course we want them to communicate the level of certainty on each item. Where there is uncertainty there is risk as things may be better or worse than we anticipate. If we know with certainty what we are in for then we can plan for it.
not really
"Somebody has to do something. It's just incredibly pathetic it has to be us."
--- Jerry Garcia
In more positive news the economy has added 50,000 coal mining jobs which brings us up to a total of 50,000 coal mining jobs!
Let me guess: you're one of those people who says that evolution is "only a theory".
>> US Jobs Dropped By 33,000 In September, Likely Due To Storms
It's likely to be caused by this storm : http://droit-public.ulb.ac.be/...
Does this storm have a name already ?
aaaaaaa
did you just "other" me?
"Somebody has to do something. It's just incredibly pathetic it has to be us."
--- Jerry Garcia
This'll make you feel better, or worse... Afghanistan 35%, American Samoa 50%, Kenya 42%, Senegal 48%, Yemen 35%, Syria 40%, Zimbabwe 95%
Wow, that's a lot of work to go to in order to completely and deliberately miss the point. The followers of St. Gore were telling us (the domestic, US audience) that we here in the US, especially on the Gulf and Atlantic coasts, would be experiencing year after year of increasingly huge, increasingly frequent hurricane landfalls. Followed of course by the complete absence of such. But sure, go ahead, pretend you weren't noticing when the guy getting rich selling carbon offsets from his mansion didn't harp on such things endlessly, to a fan base of swooning alarmists intent on leveraging those predictions for political power and cash distribution programs.
Don't disappoint your bird dog. Go to the range.