Yahoo Finance September jobs report: Economy adds back disappointing 194,000 jobs, unemployment rate

[ProfessorGAC]

14. They Are Far Less Reliable Now

They have not properly modeled the slow but steady recovery from 20% of the economy being turned off for months.
And, the headline is junk.
To strengthen your point about the models:

Change in non-farm payrolls, September: +194,000 vs. +500,000 expected, +235,000 in August

Unemployment rate: 4.8% vs. 5.1% expected, 5.2% in August

Average hourly earnings, month-over-month: 0.6% vs. 0.4% expected, 0.6% in August

Average hourly earnings, year-over-year: 4.6% vs. 4.6% expected, 4.3% in August

They expected 500k new jobs, got 194k. But(!), the UE rate is 4.8% vs. an expected 5.1%. So UE rate fell by MORE THAN EXPECTED, but expected 2.5 times the new jobs. If 194k caused a 0.4% drop, a half-million would have caused 1%. Expected should have been 4.2%, not 5.1%.
Unless there's a typo in the article, that math makes no sense.