A Pre-Election Look at ALL of October's Jobs Numbers
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Good Friday afternoon one and all (or good Saturday morning, or maybe even good Monday morning). Whenever it is you read the SmallCap Network newsletter though, you're likely reading this edition at a time when you have to make a decision about what's sure to be a pivotal Presidential election.
The latest matter to weigh? October's jobs report, which was posted on Friday morning.
Since we know you're not getting the complete picture anywhere else and would like to get a complete, accurate look at what's really going on in terms of jobs, we're going to devote a lot of our time and space today examining all the important employment data. Maybe this will be the last dose of economic information you need to make the best decision you can come Tuesday.
Let's just start by fleshing out the rest of the story for what you already know. Last month, the nation added 161,000 nonfarm jobs, which was enough to move the unemployment rate from 5.0% back to 4.9%. Also note that September's job growth pace was revised from 156,000 to 191,000.