November 06, 2026
Unemployment Down, Wages Up, and America WAAAAY Down
Timothy Birdnow
Unemployment is down, to within one point of full employment. And wages are up.
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October jobs report: payrolls +165,000 (consensus +65,000), unemployment rate 4.1% (4.2% expected), average hourly earnings +0.4% on the month (+0.3% expected) and +3.1% over the past year (+2.9% expected).
Americans just murdered and are now eating the goose that laid the golden eggs (which also are plentiful and reasonably cheap now). America deserves what it is going to get (and it will be terrible indeed).
Posted by: Timothy Birdnow at
10:18 AM
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