Oct. JOBS Report Worst in Years: 12k added vs. 120k expected by Dow Jones

  • Given that unemployment is still as low as it is, plus all the buzz about AI's power to cut out the deadwood, it's hard for me to understand how the expectation was that high. Like I can see that this was still not a high expectation compared to recent months, but I'm a little surprised the US isn't seeing a net loss of jobs yet.

  • These reports never actually mean anything when they come out, they __always__ get revised in the following weeks to their actual numbers.

    Not sure why they think this is a big thing, cnbc should know better than to generate click bait