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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: LurkerMom   😊 😞
Number: of 84350 
Subject: U.S. Job Growth Slowed/Unemployment Ticked Up
Date: 11/06/23 9:07 AM
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'U.S. job growth slowed more than expected in October, a sign the labor market is finally softening in the face of higher interest rates, stubborn inflation and other economic uncertainties.
Employers added 150,000 jobs in October, the Labor Department said in its monthly payroll report released Friday, missing the 180,000 jobs forecast by Refinitiv economists.

The unemployment rate, meanwhile, unexpectedly ticked up to 3.9% ' the highest level in nearly two years. The pickup in the jobless rate suggests that layoffs are on the rise; the survey of households shows that the number of workers laid off rose in October by 92,000 from the previous month.

The report also contained steep downward revisions to job growth at the end of the summer. Gains for August and September were revised down by a total of 101,000 jobs to a respective 165,000 and 297,000, the government said, suggesting that the labor market is weaker than it previously appeared.'

foxbusiness.com - US jobs report october

More bad news for SlowJoe..
Even at the 'Dollar Store".....every item is now $1.25. Up 25%.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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