September Jobs Report: 194,000 | National Review
The U.S. economy added 194,000 jobs in September, after economists predicted employers would hire roughly 500,000 new workers, the Bureau of Labor Statistics announced on Friday.
This month is the second in a row in which job growth fell short of expectations, with the U.S. adding 366,000 jobs in August despite economists’ predictions of 728,000 new jobs.
These aren’t just “falling short of expectations”. This is a miss by nearly 700,000 in two months. That’s staggering. And it’s not that employers aren’t hiring. They just can’t find people to hire that are willing to work in the job conditions that are available right now.
There are currently 5 million fewer people on payrolls than there were in February 2020, just before the coronavirus pandemic forced shutdowns of businesses across the country, according to the Bureau. The shortage of workers coincides with high numbers of job openings, with almost 11 million job openings towards the end of July this year.
Our government needs to stop making it so hard for businesses to hire people.
Unless this is on purpose of course. Maybe they like us out of work and dependent upon them.
More here:
September Jobs Numbers ‘Worst Of The Year’ As U.S. Struggles: ‘It’s A Pretty Worrying Situation’ | The Daily Wire
CNN’s Chief Business Correspondent Christine Romans said that the jobs report was “way less, way less than anybody expected” and that it was “the worst of the year.”
“This is quite a deflating report,” said Nick Bunker, economic research director at job placement site Indeed. “This year has been one of false dawns for the labor market. Demand for workers is strong and millions of people want to return to work, but employment growth has yet to find its footing.”
This isn’t good either:
According to the U.S. Bureau of Labor Statistics (BLS), women in Joe Biden’s America lost 26,000 jobs in September. Aside from the months of March and April 2020, when the first catastrophic effects of the coronavirus slammed the American economy and the country lost huge numbers of jobs, that was the first time women had lost jobs in America since May 2011, the middle of Barack Obama’s presidency, according to BLS.
But don’t worry. I’m sure Clueless Joe has a plan.
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