Comment on Employment Report: Hurricane Bounce Back, Record Job Streak Still Alive!

The headline jobs number was strong at 261 thousand  - due to a bounce back from the hurricanes - but below expectations. However a key reason for the "disappointing" headline number was that the previous two months were revised up by a combined 90 thousand jobs. The upward revision to the September jobs report keeps the record job streak alive at 85 consecutive months (92 months if we remove the decennial Census hiring and firing). This was a strong possibility that I discussed last month, see: The Record Job Streak: A couple of Comments Earlier: October Employment Report: 261,000......(read more)

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