“ The payroll number far exceeded the estimate of 89,000 from economists surveyed by Refinitiv (the lowest forecast in more than two years), even with a decline of 42,000 jobs in motor vehicles and parts manufacturing because of the workers’ strike and 20,000 temporary census workers leaving their jobs.
The unemployment rate edged slightly higher to 3.6 percent as more people were looking for work, but continued to hover near a 50-year low. The labor force participation rate was little changed at 63.3 percent. Average hourly earnings, meanwhile, rose by 3 percent over the past year to $28.18.”
“ It was good news about the flow of illegal immigrants being stemmed. Not bad for someone who has had to find solutions without ANY cooperation from Congress, right?
We stumbled on it when we were looking into Paul Sperry’s reports about the identity of the supposed whistleblower.”