News

33641 readers

2399 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago

MODERATORS

JonsJava@lemmy.world

gedaliyah@lemmy.world

little_cow@lemmy.world

138

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data (www.theguardian.com)

submitted 1 day ago by MicroWave@lemmy.world to c/news@lemmy.world

12 comments fedilink hide all child comments

Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last month

The US labor market grew by more than expected last month, recovering some of the damage inflicted by the federal government shutdown, according to official data.

An estimated 105,000 jobs were lost in October, and 64,000 were added in November, a highly-anticipated report showed on Tuesday.

Jobs growth was higher in November than anticipated by many economists, with a consensus forecast of some 40,000 jobs added. But the headline unemployment rate continued to climb – and hit 4.6%, a four-year high, last month.

The latest jobs numbers, typically released monthly, were delayed due to the government shutdown. They land amid significant uncertainty surrounding the strength of the US economy.

you are viewing a single comment's thread
view the rest of the comments

[–] Krono@lemmy.today 0 points 1 day ago (1 children)

There are many different accepted methodologies for measuring unemployment. For some reason the media only focuses on the U-3 value, and I agree that is highly misleading.

It sounds like the relevant statistic you are looking for is the U-6 value. U-6 is currently measured at a relative high of 8.7%. That is 30 million Americans who are unemployed or underemployed.

You can find all the data at the Bureau of Labor Statistics. Alternative measures of labor underutilization

[–] CharlesDarwin@lemmy.world 3 points 1 day ago

Yeah. I'll never understand why people have accepted the corporate media's use of mostly U-3 data. I think U-6 likely reflects things in a much more realistic way.