The Economy After the September Jobs Report

Source: CounterPunch
by Dean Baker

“The data nerds among us were happy to finally get their September jobs report fix, even though these data are somewhat stale now. However, we still learned a few things about the state of the economy. Before saying what we learned, it’s worth a few words on what we didn’t learn but people are saying anyway. First and foremost, this was not a strong report in any real-world sense of the term. To be clear, the 119,000 jobs reported for the month was stronger than most analysts had expected, including me. But this hardly implies robust job growth. We averaged 170,000 jobs a month in 2024, so now we’re supposed to be celebrating a report showing job growth that is 70 percent of last year’s average?” (11/24/25)

https://www.counterpunch.org/2025/11/24/the-economy-after-the-september-jobs-report/