The Bureau of Labor Statistics (BLS) on Friday released its monthly Employment Situation Report (pdf), which showed continued employment growth and near record unemployment rates in October. Employment gains among African-American women and Latinos were particularly impressive. The unemployment rate for African Americans reached a record low of 5.4 percent—a fall of 2.6 percent since […]
Stupendously Splendid Jobs Report – October Jobs +128,000, Aug/Sept Revisions +95,000, Wage Growth +3.0%…
Jumpin’ ju-ju bones, the October jobs report has blown away all expectations in every possible metric. It’s not just the top-line job gains, the two month revisions are huge. The Bureau of Labor Statistics (BLS) report for October shows 128,000 job gains; and that number includes absorption for negative impacts due to -20,000 census workers […]