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DallasNE

(7,933 posts)

6. A Similar Report Using 1 Million Figure

Reply to progree (Reply #4)

Tue Nov 11, 2025, 09:40 PM

Nov 11

The link below is more extensive than what I read earlier, but it mentions the top line of 1 million jobs lost, so I feel they had a common source.

https://www.forbes.com/sites/maryroeloffs/2025/11/06/more-than-1-million-jobs-have-been-cut-this-year-report-says/

Like you, I prefer the moving averages over the fixed one-month reports, especially for inflation. I also don't like that they exclude food from the inflation computation. I understand the volatility issue and seasonal factors, but still think some consideration is necessary.

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Highlight:

The private sector shed jobs in late October, new ADP data show [View all] BumRushDaShow Nov 11 OP

Wait a sec Miguelito Loveless Nov 11 #1

The latest BLS jobs report, and the ADP monthly report for October that is in the excerpt progree Nov 11 #2

The Rule Of Thumb DallasNE Nov 11 #3

"Somebody reported"? progree Nov 11 #4

A Similar Report Using 1 Million Figure DallasNE Nov 11 #6

Thanks for the link. But those are not net job cuts, i.e. jobs lost minus jobs created progree Nov 12 #7

Where are all the trillions coming from that's propping up an obviously failing economy? wolfie001 Nov 11 #5