Story picked up on Hacker News front page
3 Nov 1 1:51 PM · 12d ago · 1 article · 1 post · 2 sources · development 3 of 3
The Bloomberg piece reaches Hacker News's front page, drawing a modest score and a handful of comments as the jobs report nears.
Federal Reserve US central bankBureau of Labor Statistics Data providerMatthew Boesler and Craig Stirling Bloomberg Economics reporters
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
-
first by HN Frontpage, 12d ago · also Bloomberg Economics
What people said 4 voices · best of 5 · verbatim
-
And yet the average number of weeks spent unemployed is going up: https://fred.stlouisfed.org/series/UEMPMEANThe unemployment rate today is divorced from the reality of how hard it actually is to get a job. Before 2009, †he average unemployed person spent less time unemployed before their next job at a 10% unemployment rate, than the average…
-
The initial report is not worth responding to since the error rate is so high, +/- 122,000.What you're reading in this Bloomberg report is an expectation of an employment gain of -57,000 to +187,000.
-
Interesting (pun intended) to me that apparently everyone wants to talk about the rate speculation, rather than about the finding that jobs are picking up in spite of AI.
-
The US has had robust economic stats lately, too.A rate hike seems like a strong possibility. The specter of higher inflation looms.
All 3 developments of Jobs Report Could Keep Fed on Track for Another Rate Hike →
MastodonNewswiresHacker NewsGoogle News