Only 96,000 jobs in September - Lower than expected

[jefferson_dem]

Buh buy w.

September job growth weaker
Gain of 96,000 jobs slows from August, misses economists forecasts.
October 8, 2004: 8:33 AM EDT

NEW YORK (CNN/Money) - U.S. employers added 96,000 jobs in September while the unemployment rate stayed unchanged, according to a government report Friday that came in weaker than Wall Street expectations.


The Labor Department's much anticipated reading on the labor market showed a slower pace of hiring than the revised reading of 128,000 jobs added in August. Economists surveyed by Briefing.com found a consensus forecast of 150,000 new jobs, while Reuters' survey found a range of estimates from a 10,000 job loss to a 200,000 gain.

The unemployment rate came in at 5.4 percent, in line with economists' consensus forecast.

http://money.cnn.com/2004/10/08/news/economy/jobless_september/index.htm

[goodboy]

1. more ammo for tonight....there's so much shit this week, where will

they begin?

[Cooley Hurd]

2. whoops!

That's not good for Chimpoo!:)

Not good for our country, either...:(

[goodboy]

3. by the way...what was the WH prediction?

[City Lights]

5. ben ginsburg said 150K last night on Hardball.

He also said he expected prior month's numbers to be revised upward, so the final number would be closer to 200K.

[jayfish]

11. Larry Kudlow Was Also Shilling For 150.

Might have been the bourbon though.

Jay

[City Lights]

13. Maybe the numbers I stated came from kudlow.

When I think about it now, the number I remember hearing from ginsburg is the unemployment number. The other numbers probably did come from kudlow.

[jayfish]

15. Maybe NBC Will Fire His...

shilling, pamperd ass.

ON EDIT: Check This Out http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x1002801

I wish I could see it.

Jay

[jefferson_dem]

4. Projections were much higher

CNBC analysts are freaking. 18,000 manufacturing jobs lost last month!

[0007]

6. If the truth were known probably more folks lost jobs than

were created.

[blueblitzkrieg]

7. Why is MSNBC saying 300,000????

http://www.msnbc.msn.com/

[blueblitzkrieg]

8. Hey, they just pulled it from the webpage!

It said 300,000 new jobs...and now it's gone!

[RoadRunner]

9. I saw it too!

It was there a few minutes ago -- big banner with 300,000. They pulled it and now have a small banner with 96,000. WTF?

[Maiden England]

10. whoops

not fast enough to escape my ascerbic tongue though...;)

[jayfish]

12. It Was Probably Pre-Written Using...

some shills' rosy numbers. Then they ran it on cue without waiting for the actual numbers. Typical media BS.

Jay

[RoadRunner]

16. Here it is

[Princess Turandot]

14. I was truly shocked to see that the NYT reported this as an above..

the line item on their webspace. No article as I type, but the first thing that I see is

"NEWS ALERT
U.S. Economy Added 96,000 Jobs in September, Less Than Expected (8:30 AM ET)"

http://www.nytimes.com/

Rats leaving at sinking ship?