AUG: +151,000 jobs. Unemployment rate steady at 4.9%. AUG details here!.. Jobs since Obama took office?... Unemp. rate under Obama?

Friday, November 4, 2011

How Many Jobs Were Created in October 2011?


How Many Jobs Were Created in October 2013?

All jobs reports (2011 through 2013) indexed HERE.


This report is for October 2011.  For current numbers, click one of the above links. 


80,000 new jobs were 
created in the month of October 2011.


The private sector generated 104,000 new jobs, but the government sector continued to shed jobs, 24,000 jobs, in October 2011.


277,000 more people reported themselves as working in October 2011. 



The unemployment rate dropped one-tenth of one percent to 9.0% after sitting at 9.1% for three months.  This marks 7 months in a row that the unemployment rate has equaled or exceeded 9%.  Though this is significantly better than last year, when the unemployment rate exceeded 9.4% all year, a continued unemployment rate of 9.0% or above does not represent any kind of robust jobs recovery. 


How many more or fewer people are working this month?  How many more or fewer jobs are there this month?  Were jobs lost or gained?

How many more jobs are there in October than there were in September 2011?


Let's look:

How many more private sector jobs are there in October than there were in September 2011?
  • 104,000 MORE private-sector jobs in seasonally-adjusted numbers were reported by employers now than in September.
  • 354,000 MORE private-sector jobs in "raw" actual numbers not adjusted for seasonal variations were reported by employers now than in September.  (In other words, private employers are saying that they have actually employed 354,000 more people in October than in September.) 


How many more (or fewer) government jobs are there in October than in September 2011?
  • 24,000 FEWER government jobs in seasonally-adjusted numbers were reported by government employers at all levels (federal, state, and local) now than in September.
  • 529,000 MORE government jobs in "raw" actual numbers not adjusted for seasonal variations were reported by government employers at all levels now than in September.  (This was mostly due to people returning to jobs in schools.)

How many more people are reporting themselves as working in October than in September 2011?
  • 277,000 MORE people reported themselves as working in seasonally-adjusted numbers than were working in September.
  • 485,000 MORE people reported themselves as working in "raw" actual numbers not adjusted for seasonal variations than were working in September.

No comments:

Post a Comment

I appreciate intelligent comments and questions, including those that are at odds with anything posted here. I have elected not to screen comments before they are published; however, any comments that are in any way insulting, caustic, or intentionally inflammatory will be deleted without notice. Spam will also be immediately deleted.