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progree

(13,023 posts)

12. And just plain random statistical noise -- Labor Force last 2 years:

Fri Nov 4, 2022, 09:26 AM

Nov 2022

Year January February March etc. etc.
2021 --487 +175 +272 +347 --177 +313 +261 +130 --34 +139 +516 +168
2022 +1393 +304 +418 --363 +330 --353 --63 +786 --57 --22

The first 2 months of each year is subject to population controls.
I made the minuses into double minuses to stand out better
Note August's 786,000 increase (bolding added by me)
EDIT - these are seasonally adjusted number before someone starts carrying on about summer jobs or whatever.

Labor Force http://data.bls.gov/timeseries/LNS11000000?output_view=net_1mth
The labor force is the sum of employed and unemployed. To count as unemployed, one must have actively sought work in the past 4 weeks (just looking at want ads and job postings doesn't count)

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U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong [View all] BumRushDaShow Nov 2022 OP

Links to earlier reports: mahatmakanejeeves Nov 2022 #1

Good morning and TGIF BumRushDaShow Nov 2022 #3

That should be good news but the Fed will find it doc03 Nov 2022 #2

It actually did "go up" to 3.7% from 3.5% BumRushDaShow Nov 2022 #4

Ugh, and Labor Force DROPPED 22,000, Employed (Household Survey) dropped 328,000 progree Nov 2022 #6

I still think this is all the fallout BumRushDaShow Nov 2022 #10

And just plain random statistical noise -- Labor Force last 2 years: progree Nov 2022 #12

Even as statistical noise BumRushDaShow Nov 2022 #14

... progree Nov 2022 #16

Agree with that analysis BumRushDaShow Nov 2022 #17

Great jobs report Johnny2X2X Nov 2022 #5

Let's Go Brandon! IronLionZion Nov 2022 #7

Twitter surged the unemployment rate...Musk is doing as much as he can to tank the Democrats... Sancho Nov 2022 #8

That would not have happened until this morning. mahatmakanejeeves Nov 2022 #11

3-4k layoffs won't have a huge impact on the unemployment rate. Ace Rothstein Nov 2022 #21

LINKS to some BLS Data Series Numbers and Graphs progree Nov 2022 #9

From the source, the U.S. Bureau of Labor Statistics: mahatmakanejeeves Nov 2022 #13

DOW up 560 points right now Johnny2X2X Nov 2022 #15

LIKE IT republianmushroom Nov 2022 #18

NPR is framing this as "A slight cooldown in the US Job market " Orrex Nov 2022 #19

K&R ck4829 Nov 2022 #20