September BLS jobs report, Unemployment falls to 4.8%, 194,000 jobs added

[Johnny2X2X]

500K was expected to be added, but 194K is still solid and the drop to 4.8% U3 unemployment is substantial, we're approaching full employment.

And most importantly, wages continue to rise at near record pace:

"Average hourly earnings for all employees on private nonfarm payrolls rose by 19 cents to $30.85 in
September, following large increases in the prior 5 months. In September, average hourly earnings
of private-sector production and nonsupervisory employees rose by 14 cents to $26.15."

And previous reports were revised up substantially:

"The change in total nonfarm payroll employment for July was revised up by 38,000, from +1,053,000 to
+1,091,000, and the change for August was revised up by 131,000, from +235,000 to +366,000."

[Alexander Of Assyria]

1. Thank you President Biden. Boring and Competent over Clowns and Corruption, I say.

Ofc the mass media prefers reporting on one over the other…where went the circus?…sad.

[Johnny2X2X]

2. A reminder on Trump

Donald Trump had the worst jobs record of any president since Herbert Hoover, he was a total and complete economic disaster for the US. He left the economy with the worst year for growth since 1947.

[moose65]

3. And look at those revisions for previous months

With the July and August revisions and the September numbers, there was actually an increase of 363,000.

Horrors! How disappointing! Dems in Disarray!!11!11!!1