Disappointing Jobs Report with Downward Revisions, Rising Unemployment, and Unsettling Trend for Hispanic Workers in October!

Sharing is Caring!

Jobs report is out: October is lower than expected, plus more downward revisions from initial reported numbers. Unemployment is also up. 34% of reported jobs gained were in government, while manufacturing lost 35,000 jobs.

See also  Why pay our American engineers/tech workers more when you can hire five immigrants for the price of one? This is how we end up with American citizens poorer and they end up raking the profits.

View post on imgur.com

Unemployment among Hispanic workers rises at faster pace in October than overall rate

  • Among Hispanic Americans, the jobless rate rose 0.2% to 4.8%.
  • Black Americans, the group with the highest jobless percentage in America, saw their unemployment rate tick up 0.1% to 5.8% last month.
See also  HOUSE REPORT | FBI pressures banks, files 4.6M suspicious activity reports, demands personal details.

 

 

h/t PepeLives00


120 views