US Added 151,000 Jobs In October, Where's Mine?

Beating expectations, the US added 151,000 jobs in October, for the first time since May. Analysts had projected only a 60,000 gain. It wasn’t enough to nudge the unemployment rate, however, which held at 9.6%.

Education and health services lead the gain, followed by temp work and retail. So if you’re looking for a gig, check out those sectors for possible job opportunities. Also, I hear the tri-corner hat industry is booming.

U.S. Added Jobs Last Month for First Time Since May [NYT]

Comments

Edit Your Comment

  1. crashfrog says:

    Wow. So, in other words, the economy improved just in time for voters to punish Democrats for not improving the economy. Our stupid, stupid voters – Republicans hoodwinked y’all again.

    • Cicadymn says:

      You realize making virtually no dent in the jobless numbers isn’t exactly helping the economy right?

      Hey I know! Let’s take a 2 Billion dollar trip to India! That’ll fix everything!

      • FatLynn says:

        You have got to be kidding. If you believe the $2 million trip to India nonsense, do us all a favor and castrate yourself now.

      • Liam Kinkaid says:

        I’m sure those 151,000 people that have jobs now probably see a dent.

      • cynical_reincarnation says:

        My troll senses are tingling…

      • Anonymously says:
        • ARP says:

          Step 1: Somebody makes up something bad about Obama. Or cites a very suspect source. In this case its a Indian provincial politician who I’m sure has complete access to the Obama itinerary and and security costs. I mean who would give them to a random local politician?
          Step 2: You post that lie on your right wing blog.
          Step 3: Other blogs post to your blog and vice versa, creating a circle jerk
          Step 4: Fox news picks it up, does no actual research and inserts the “some say” or “some reports”
          Step 5: The blogs report on the Fox News report as evidence its true.
          Step 6: Fox News uses that echo to increase the outrage, “increasing reports say that Obama is spending $10B on a trip to India” and interviews people about how outraged they are.
          Step 7: Dispite it being thoroughly debunked, it’s already part of the narrative and becomes true.

      • ARP says:

        That same story said that he’d have 300 warships. The pentagon flatly denied that.

        BTW- Here is a link to our total naval force. http://en.wikipedia.org/wiki/United_States_Navy_ships

        Warships aren’t a category, but if you assume it means Destroyers, Frigates, and Crusiers, that would nost of our navy. Do you REALLY think Obama is bringing most of the Navy with him?

        Bachman said that Obama reserved 860 rooms in the hotel- the total capacity of the entire hotel is 560ish. So Obama is reserving more rooms at the hotel than they have?

    • TuxthePenguin says:

      Or is the economy starting to improve since, for the last three months if not longer, its been quite obvious that there was going to be a big swing in the power on Capital Hill.

      Let me just explain by using talking points/claims from Daily Kos and the lefty blogosphere… Businesses, thanks to Citizens United, can pour unlimited amount of funds into campaigns in an effort to buy the elections. Knowing that they could put their Republican tools into power – and the dumb citizens of the US would be so easy to fool – signs starting pointing to the Republican takeover two or three months ago. Confident that they were going to win and have their Manchurian Candidates in power, businesses started to believe that the government was going to become unregulated and allow them to run rampant again… so they started hiring so they can begin the process of destroying the environment again.

      Did I miss any?

      • ldub says:

        Yeah, it’s clear the multinational corporations understand who is really in their corner and who is looking out for them – the GOP. It’s just too bad that so many of the poor, working class and (shrinking rapidly) middle class wage earners don’t. They continue to vote aspirationally.

        • TuxthePenguin says:

          I’ve heard the “rapidly shrinking” middle class line for YEARS now… are there actually any statistics confirming this? Because since the 90′s they’ve been saying that. And if it was “rapidly shrinking” wouldn’t it have disappeared in the a decade?

          • ldub says:

            Sure – read any book or study written by Elizabeth Warren. She’s been tracking middle class trends – most especially bankruptcies – for a couple of decades now. Her books have plenty of references and are evidence based.

            • TuxthePenguin says:

              I was hoping you’d mention her – and specifically bankruptcies. One of the problems we have today as a nation is that we don’t save as much as we used to. True, we have plenty more things to spend the money on and we really don’t use money anymore, everything is done electronically and some people can go months without touching physical bills.

              The way the “middle class” becomes solid is through savings. That is the easiest and most reliable way to become not just middle class, but wealthy. Bankruptcies are the clear sign of this… you don’t get rich by borrowing.

              • Loias supports harsher punishments against corporations says:

                Some people do.

                • TuxthePenguin says:

                  And Bill Gates got rich by dropping out of college! Screw college, all of us should drop out and get rich like him!

                  There are always exceptions. But would you rather follow the path that works for… I’ll be nice – 10% of those who try, or the path that works for 50% of those who tried?

                  • Loias supports harsher punishments against corporations says:

                    I’ll mirror what the others are saying. Which is the research says otherwise.

              • ldub says:

                Yeah…. so if you have read some of her studies or her books she specifically addresses – again, with lot of robust data – why saving has become so much more challenging for wage-earners. And it’s not because of spending too much on consumer electronics, or luxury items, etc…. If you’re actually interested in learning more, I strongly recommend looking at her work, if only to get info on other great research in this area.

    • Loias supports harsher punishments against corporations says:

      Just goes to show when you try to take the high road, you just get tripped into the mud.

      Or, the loudest of us determine the news.

    • TheFinalBoomer says:

      Stndrd lbrl B.S., f smn dsn’t gr wth y, th mst b “stpd stpd”. Gt ff yr hgh hrss y rrgnt prcks. Myb smd y wll tr f spwng th prt ln nd ctll thnk bt yr pnns.

      • Loias supports harsher punishments against corporations says:

        I’m confused. Were you talking about Democrats, or Republicans?

        Because your rant could describe both.

      • Applekid ┬──┬ ノ( ã‚œ-゜ノ) says:

        That’s what political discourse has come to from both sides of the fence: I’m right and you’re stupid.

        Real shame, too, since if there was civil discourse and actual debating of the facts we might actually get something done.

      • fsnuffer says:

        +1

      • cleek says:

        “Standard liberal B.S., if someone doesn’t agree with you, they must be “stupid stupid”. Get off your high horses you arrogant pricks.”

        i’m not sure a direct insult in response to a perceived insult is much of an argument. YMMV.

      • crashfrog says:

        I actually did start thinking about my own political opinions about ten years ago, which is when I stopped being a conservative and became a liberal. Maybe someday you’ll do the same thing.

    • cmdr.sass says:

      It had less to with Republican hoodwinking and more to do with Democrat epic failure. Credit where credit is due.

      • Loias supports harsher punishments against corporations says:

        Failure? Republicans = the party of “no.” If Democrats failed, it wasn’t because of a lack of trying.

        • TheFinalBoomer says:

          Trying what, to give our economy to China? That helped a lot…and who was in complete power again? Oh yeah, the party that was “trying” so hard according to you. Nice try I guess.

          • Loias supports harsher punishments against corporations says:

            What you say makes no sense. China has been investing in us for decades. Including during the Bush administration.

            • TheFinalBoomer says:

              I love the way you completely ignore my main point. Liberal ideas of big government, high taxes and diminishing personal freedoms don’t work and are bad for the U.S. They had the time and the power to facilitate the positive change they went on and on about while campaigning, and they failed. Yet you STILL blame republicans. Amazing.

              • Loias supports harsher punishments against corporations says:

                Given the the GOP was the REASON for the lack of getting things done, yes. I don’t automatically blame the GOP for everything, given I’m not an affiliated anyway, but in this case they provided nothing to the last 2 years but opposition and propoganda.

                • Doubts42 says:

                  For those who truly believe in small government(not republicans who only pay lip service to the idea). gridlock is a bonus. A gridlocked congress can’t pass stupid and or harmful legislation.

                  • Loias supports harsher punishments against corporations says:

                    Yes. Including the budget that’s required every year. Or new laws regulating net neutrality. Or a myriad of other necessary and/or partisan laws and procedures.

                    Gridlock screws everyone else up. Businesses are frozen awaiting the fate of Bush-era tax cuts, so good luck getting them to hire until they finish that decision. Yeah, that’s right, the lack of job grorth is PARTIALLY the fault of gridlock.

                    Tell me again how gridlock helps us?

                • TheFinalBoomer says:

                  How the hell are they the reason? how could they stop anything? Democrats were in power! They (the GOP) couldn’t even filibuster. I have no clue where you get your “facts” but its da wrong place!

                  • TheWillow says:

                    … yes they could? And did? A lot? Actually, they usually didn’t even have to filibuster, they just threatened to and that was enough because of stupid Congressional rules that don’t require filibusterers to actually talk for hours anymore… Also they used a lot of anonymous holds on virtually everything.

              • ldub says:

                “big government” – Bush expanded the federal govt’ more than any other recent Dem. see http://online.wsj.com/article/SB123275512887811775.html

                “Higher Taxes” – Obama has lowered most American’s taxes – by 240 BILLION since 2008.http://www.mlive.com/michigan-job-search/index.ssf/2010/10/poll_voters_dont_believe_obama_lowered_t.html .

                “personal freedoms” – not sure what you’re talking about here. The people trying to limit who you can marry, what you can do with your own body re: reproduction, heck who even COUNTS as a person are the GOP.

              • Loias supports harsher punishments against corporations says:

                You main point was China and how they interacted during the last two years.
                Which wasn’t much different than the 8 years before that.

                So when someone actually counters you with logic, you just ignore it?

                Speaking of, “giving our economy th China” you are referring to China’s business decisions involving The U.S. which are legal and based on the free market system.

                The very same free market system Republicans love to let run itself without regulation. So, if anyone would be to blame for China “buying” America, it would have to be the GOP.

              • Skankingmike says:

                actually, LIBERAL ideas aren’t about big government and high taxes but you know keep right on believing whatever talking points you want.

              • Duke_Newcombe-Making children and adults as fat as pigs says:

                Ah, yes. The “they’re taking away ur FREE-DOMZ!!!111″ argument.

                Please explain even ONE constitutional freedom that has been taken from you in the past two.
                Next, explain just ONE constitutional freedom that’s been taken from you in the previous eight.

        • TheFinalBoomer says:

          and is it possible, just possible, that what they were trying was wrong, since it failed? Just a thought.

          • Loias supports harsher punishments against corporations says:

            Given that most of their work was A) Completed and hasn’t had time to fully effect anything, B) Was curtailed by the GOP and couldn’t get off the ground, or C) Was completed and HAS had a positive effect, no you’re wrong.

            Get off the Right-Left argument man. I don’t care what party you are or what you think the right solution is. We get so worked up in being right that we don’t actually do anything.

            I want my politicians to come a compromised agreement and actually ACT. Doing nothing gets nothing. Doing something, even if it fails, was at least an attempt. And failing is just as important as succeeding, and both provide you with learning.

        • TuxthePenguin says:

          Democrats had greater majorities in these last two years than Bush ever had. They had nearly dead people coming back to vote to keep those majorities strong in the Senate.

          They needed to peel off ONE or TWO Republicans out of 41/42. Really? You can’t throw a bone enough to get that few?

          If you want to see something interesting, look at the voting breakdown by party during Bush’s years for his major legislation and then at Obamas. Then tell me who was bipartisan…

          • Loias supports harsher punishments against corporations says:

            I think it’s naive to think the Republicans are willing to compromise, any more than Democrats are. Both sides don’t know how compromise actually works.

            But for the last two years, as an unaffiliated voter, I think it’s obvious the GOP has purposely been an opposition party. And just being an opposition to change and progress is wrong. It’s wrong for the country, and its wrong for their constituents.

          • crashfrog says:

            If you want to see something interesting, look at the voting breakdown by party during Bush’s years for his major legislation and then at Obamas. Then tell me who was bipartisan…

            Democrats. The proof of it is exactly what you allude to – the higher propensity of Democrats to break ranks and vote for Republican bills than Republicans to break ranks and vote for Democrat bills.

            What you’ve discovered is the Paradox of Bipartisanship. If you have one party that will not under any circumstances break ranks, and one party that contains people who will break ranks and vote across the aisle, then what it looks like is that the first party is passing “bipartisan” bills and the second party is not. But the exact opposite is true – the first party is the hyper-partisan one that never breaks ranks, and the second is the one willing to compromise and allow some members to vote for the other party’s bills.

            Bipartisanship, in other words, isn’t whether or not you can attract the other side into voting for your legislation. It’s whether you’ll allow your own members to break ranks and vote for the other side’s. That’s why the Democrats are more bipartisan, precisely because no Republicans ever vote for a Democrat’s legislation.

        • Doubts42 says:

          ooh an overplayed talking point that means nothing. You have now convinced me. I will be a liberal for the rest of my life.

          • Loias supports harsher punishments against corporations says:

            To be fair, most of the pro-republicans arguement are also over-done talking points.

            Frankly, what part of either party isn’t current a talking point or becomes one shortly after being invented?

    • milkcake says:

      Economy doesn’t have much to do with politics as people think. People bet on housing more than ever and the bubble just popped. Nobody made people bet so much.

  2. TuxthePenguin says:

    I’m starting to get annoyed how we have bad news/good news on consecutive days about the same darn topic…

    http://www.msnbc.msn.com/id/40004110/ns/business-personal_finance/

    So last month 450k people filed for unemployment, but we added 151k jobs. Somehow I can’t get those numbers to add up…

    • zomgorly says:

      Well its still good to hear people are able to get back in the work force even with the high unemployment claims. I would assume some of those that got jobs would have been in the process for unemployment claims. I am curious if it was because of all those Halloween stores that popped up that put up these numbers, just a wild guess.

    • Anonymously says:

      That number includes job churn, I think.

      If I’m laid off, but then the company hires 2 new people, 1 would be added to your 450K bucket and 1 added to the 150K bucket.

      Also, it was 450K during a week, not a month.

    • grapedog says:

      There is a difference between how many jobs were added in a month, and how many total jobs were added in a month when you take into account how many were lost.

  3. yessongs says:

    So where is mine…. I’m still out of work!

    • nbs2 says:

      Are you looking at temp work? I got out of law school in the high hog year of 2006. I didn’t find permanent work (doing work that I could have been doing without anything more than an Associates) until post crash 2009. And even that was partly due to the fact that I had several well liked connections there.

  4. swarrior216 says:

    It did? I didn’t get a job…

  5. pinecone99 says:

    When did Hodags go mainstream?

  6. dragonfire81 says:

    Of course jobs were added, but most were part time, temporary and without benefits. Companies need christmas help after all. I foresee a very soft jobs picture in the first quarter of next year.

    • Me - now with more humidity says:

      They’re jobs. People are getting paid when they weren’t before, even if it’s part-time. Get over yourself.

      • dragonfire81 says:

        Right but replacing 10 000 full time jobs with 10 000 part time jobs that have no benefits is not exactly the same thing.

      • TuxthePenguin says:

        What he’s saying is that these aren’t the type of jobs that signal the economy recovering. While ANY job is a good thing for a person, a temporary job is, at best, a nominal thing for an economy trying to recover.

        Why? Because they go away. Those being hired for the Halloween stores lost their jobs this last week. Christmas jobs are starting to be hired, but most will lose their jobs on 12/26. Those jobs won’t come back until early next October when Halloween starts gearing up again…

        That’s not good for an economy. We need jobs (even IC-type jobs) that are permanent…

  7. AngryK9 says:

    The holidays are coming up. I wonder how many of those jobs are part time seasonal jobs only.

  8. nbs2 says:

    Are you looking at temp work? I got out of law school in the high hog year of 2006. I didn’t find permanent work (doing work that I could have been doing without anything more than an Associates) until post crash 2009. And even that was partly due to the fact that I had several well liked connections there.

  9. bravo369 says:

    Hmm..not in NJ. Our Republican governor is laying people off and cutting funding left and right during these tough times. He screwed the state out of 3 billion dollars for construction jobs and 400 million towards education jobs and recently said another 1200 people are being laid off soon too. wonderful

    • TuxthePenguin says:

      Links from MSNBC, CNN, WSJ?

      Because if I remember correctly, the $3 billion for construction workers was for the tunnel into NY? The same project that NJ has to pick up all the overruns? Yeah… such a great deal for a state that is broke…

      And I believe the 400 million… how much does NJ spend per pupil today versus ten/twenty years ago… have there been even semi-proportional results?

      • DanRydell says:

        Yeah, $3 billion in federal funding is great for a project that’s going to cost $10 billion or more.

        NJ does spend a lot on education, and NJ does rank highly in education. Unfortunately many of our most expensive districts are in poor, urban areas where spending more money does not improve students’ outcomes. You can’t make kids learn when poor, uneducated parents don’t care about their kids’ education, and the kids don’t see education as a way out of being poor. The cycle will continue until attitudes change, no matter how much money we throw at the problem.

      • bravo369 says:

        It was a good deal for NJ. As someone who commutes everyday to NY, the tunnel is badly needed and most people agree that it will have to be built. It’s only going to be more expensive in 5 or 10 years and who knows if the $3billion from the federal government is going to be there.

        Also, it doesn’t make alot of people happy when the governor vetos the bill to leave the tax rate for those making over a million dollars at exactly the same rate it’s been at for the last 2 or 3 years and instead lower it saying that it’s a hardship for millionaires…and then at the same time lay off 40,000 (last I read) workers making roughly $50,000 and then saying no to $3.4 BILLION dollars which would have given those people their jobs back.

    • evnmorlo says:

      Those “jobs” require a lot of people with real jobs to pay for them.

      • bravo369 says:

        I didn’t know construction workers and teachers were beneath you. Thanks for clearing that up for me.

      • crashfrog says:

        So does your “real job”. Or does your business not need paying customers? How many of your clients, out of curiosity, have no job or income? Be specific.

  10. EverCynicalTHX says:

    Not so fast..

    The US adds around 100,000 working-age adults to the population each month so In order to keep pace, the economy has to add 100,000 jobs a month.

    This is only the second time this year where job growth exceeded population growth – and only by 59,000. At this pace, it would take over four years to make up the jobs lost since Obama became President.

    • ldub says:

      Wow – then it will take decades to make up for all the jobs lost during the Bush years!!

      • Loias supports harsher punishments against corporations says:

        Seriously, why was it necessary to tie Obama to jobs, as if he caused them all to go away.

        Way to keep fear alive.

    • ARP says:

      Actually Obama used Bush’s budget and approach until the Stimulus. So, you’d have to measure from the date of the Stimulus (where Obama diverged from Bush on budget approach), to get your real number. I’ll wait….

      Doesn’t look so great for Bush, does it?

  11. ARP says:

    Does that even keep up with the number of new people entering the workforce? I forget the number, but there has to be a base number of jobs created to keep up with those entering v. exiting the workforce to even tread water.

  12. TooManyHobbies says:

    ..and in 6 months the Republicans will slosh those numbers into their claims of successes since the election. If we were currently losing jobs, they’d exclude the first three months after getting elected, if we’re gaining, they’ll include a month or two before they were elected.

  13. lymer says:

    IS this gonna be another instance where they “revise” their numbers in a few weeks to actually show that jobs were lost?

  14. VeritasNoir says:

    Not sure why this is so negatively spun. We gained hundreds of thousands of jobs. . . again. Maybe less whining and more celebration?

  15. tvscifi.com says:

    The Minneapolis, St. Paul area is just busting with jobs. Haven’t seen anything like this in years. The recession is definitely over here. We had a lot of shovel-ready projects that took advantage of the stimulus money, so that might have kick-started it. Also, a record year for crops is helping, since a lot of our economy is based on food production. But our medical tech industry is also rehiring. Move to Minnesota, if you can handle the winters ;-)

  16. bubba b says:

    I’m concerned as much as anyone about unemployment. But, if the unemployment rate is 10%, that means that 90% of the public have jobs. Since there are at anyone time 1,000s and 1,000s of jobs open…is there literally a high national concern about jobs..or could a lot of it be perception?