News • 2 months ago

U.S. added 254,000 jobs in September, greatly exceeding expectations

127

U.S. added 254,000 jobs in September, greatly exceeding expectations

News • 2 months ago

U.S. added 254,000 jobs in September, greatly exceeding expectations - UPI.com

The Labor Department said on Friday that the economy created 254,000 jobs in September, smashing Wall Street expectations and giving another boost to the Federal Reserve looking to ease off on the country's interest rate

Chat

CubitOom
link
fedilink
English
-2•2 months ago
Remind me in a month when they silently correct the numbers.
- @[email protected]
  link
  fedilink
  2•2 months ago
  Like the last couple of months have been silently corrected upward?
- Drunemeton
  link
  English
  -3•2 months ago
  Naw…
  - CubitOom
    link
    fedilink
    English
    9•2 months ago
    https://www.axios.com/2024/10/04/us-job-number-revisions
    
    This is one of the reasons that the fed lowered interest rates recently.
    
    Also of note, all the data that the fed looks at seems to need revisions about a month or 2 after its initial posting.

News

[email protected]

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

3.27K users / day
7.78K users / week
14.2K users / month
29.1K users / 6 months
23.4K subscribers
20.8K Posts
533K Comments
Modlog