US Adds 161,000 Jobs, Unemployment 4.9%

[bobabode]

"The U.S. labor market turned in another solid month as employers added 161,000 jobs in October and the unemployment rate dipped back down to 4.9%, the Labor Department said Friday.
There was also good news on workers' pay, which accelerated last month. The average hourly earnings of all private-sector workers rose by 10 cents to $25.92 in October — up 2.8% from a year ago." LA Times

http://www.latimes.com/business/la-f...104-story.html

Thanks Obama. Steady as she goes.

[Boreas]

Originally Posted by bobabode

"The U.S. labor market turned in another solid month as employers added 161,000 jobs in October and the unemployment rate dipped back down to 4.9%, the Labor Department said Friday.
There was also good news on workers' pay, which accelerated last month. The average hourly earnings of all private-sector workers rose by 10 cents to $25.92 in October — up 2.8% from a year ago." LA Times

http://www.latimes.com/business/la-f...104-story.html

Thanks Obama. Steady as she goes.

This should assure his re-election.

[nailer]

Originally Posted by Boreas

This should assure his re-election.

Obama would win a third term just like Bill would've. Those post WWII Republicans were prescient.

[bobabode]

Originally Posted by Boreas

This should assure his re-election.

It don't hurt Hillary's chances neither.
Just one more entry into the record books for his 'Coolness'. How many consecutive months of job growth is he at now? 77 - 78?

[Dondilion]

Originally Posted by bobabode

"The U.S. labor market turned in another solid month as employers added 161,000 jobs in October and the unemployment rate dipped back down to 4.9%, the Labor Department said Friday.
There was also good news on workers' pay, which accelerated last month. The average hourly earnings of all private-sector workers rose by 10 cents to $25.92 in October — up 2.8% from a year ago." LA Times

http://www.latimes.com/business/la-f...104-story.html

Thanks Obama. Steady as she goes.

Good !!

[Rajoo]

Originally Posted by nailer

Obama would win a third term just like Bill would've. Those post WWII Republicans were prescient.

Reagan would have too, but we got Bush I, which begat Bush II, but Bush III was bamboozled. Simply fascinating.
I (business wise) got screwed by all three except Bill, but still do not trust H-->, since she is a Bill Lite.

[Boreas]

Originally Posted by bobabode

It don't hurt Hillary's chances neither.
Just one more entry into the record books for his 'Coolness'. How many consecutive months of job growth is he at now? 77 - 78?

It makes no difference at all.

[bobabode]

Originally Posted by Boreas

It makes no difference at all.

Are you always this dour?

[nailer]

Originally Posted by bobabode

Are you always this dour?

He's right.

[bobabode]

Originally Posted by nailer

He's right.

Riiiiight, cause the state of the economy never influences elections.