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?
Trump will blame Obama and Clinton.
He excels at taking credit for stuff other people did, and blaming others for stuff that he did.
How's it feel to have a lying clown as president? Do you feel all bigly and warm inside?
But, fear not, he's gonna cut taxes for the wealthy and keep fucking up your country,
Less jobs, but also less unemployment. I can only conclude that means we also have less people now. Thanks Harvey?
If you think hurricanes are bad, just wait until Trump's shit storm of incompetence and treason crashes the economy...
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
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
Comment removed based on user account deletion
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.
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.
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.
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?
Are we tired of winning yet?
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.
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
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!
>> 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
This'll make you feel better, or worse... Afghanistan 35%, American Samoa 50%, Kenya 42%, Senegal 48%, Yemen 35%, Syria 40%, Zimbabwe 95%