this post was submitted on 04 Oct 2024
44 points (89.3% liked)

Economics

476 readers
114 users here now

founded 2 years ago
44
Employers added 254,000 jobs in September, blowing away forecasts (www.cbsnews.com)
submitted 3 months ago by MicroWave to c/economics
20 comments fedilink hide all child comments
 

Employers added 254,000 jobs in September, blowing away forecasts and reversing a slowdown in hiring that had prompted the Federal Reserve to make a jumbo rate cut at its meeting last month. 

Economists had forecast 140,000 new jobs, according to financial data provider FactSet. 

The unemployment rate inched down to 4.1%, versus 4.2% in the prior month.

you are viewing a single comment's thread
view the rest of the comments
[–] PriorityMotif 1 points 3 months ago (1 children)

It's highly likely that they are not charging customers enough either.

[–] [email protected] 1 points 3 months ago

Maybe, maybe not.

But why should a worker worry about owner's business model. I think worker should start thinking more like owner, ie owner of their labour...