Dr. Jeff
· 79w
September unemployment rate: 4.1% vs 4.2% (expected) and 4.2% (prior)
September US nonfarm payrolls: +254k vs +132.5k (expected) and +159k (prior; revised from +142k)
The Doom and Gloomers and Reces...
It is telling that fed spokespeople are badmouthing the labor market after these figures. They want and probably have to continue to inflate!