This is an Open Thread
Good day, TNBers. Welcome to The Boss Goes on Vacay, Day 2. Please keep arms and legs inside the car and buckle up, we’re going for a ride!
Wait, where do you think you’re going? Oh no you did not just attempt to scroll on by and go directly to comments! Get back here and suff … er … ahh, I mean, enjoy this with me! 😝
Checking in to see if @ddale8 is back for Biden’s schedule today we discover a posted random fact check.
What this means as to whether he is back or not is anyone’s guess, but as of preparing Thursday night for Friday there is still no Biden schedule from him.
Going with The Boss’s other source for Biden’s daily schedule:
Let’s start today with October’s Job Report.
Total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4 percentage point to 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in professional and business services, in retail trade, and in transportation and warehousing. Employment in public education declined over the month.
This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
…U.S. Bureau of Labor Statistics
Coronavirus (COVID-19) Impact on September 2021 Household and Establishment Survey Data
Data collection for both surveys was affected by the pandemic. In the establishment survey, more data continued to be collected by web than in months prior to the pandemic. In the household survey, for the safety of both interviewers and respondents, in-person interviews were conducted only when telephone interviews could not be done.
As in previous months, some workers affected by the pandemic who should have been classified as unemployed on temporary layoff were instead misclassified as employed but not at work. However, the share of responses that may have been misclassified was highest in the early months of the pandemic and has been considerably lower in recent months. Since March 2020, BLS has published an estimate of what the unemployment rate might have been had misclassified workers been included among the unemployed. Repeating this same approach, the seasonally adjusted unemployment rate in September 2021 would have been 0.1 percentage point higher than reported. However, this represents the upper bound of our estimate of misclassification and probably overstates the size of the misclassification error.Bureau of Labor Statistics
For full Table of Contents for Employment Situation for October 2021, see US BLS October News Release.
Catching up with what we missed after Biden jetted off to Chicago Thursday morning to show how he spent his day, we will look at his 11 tweets in order from earliest to last of the day:
President Biden Delivers Remarks on the Importance of COVID-19 Vaccine Requirements.
A visit to the WhiteHouse.gov Briefing Room gives a full day of statements and releases:
WHITE HOUSE REPORT: Vaccination Requirements Are Helping Vaccinate More People, Protect Americans from COVID-19, and Strengthen the Economy
OCTOBER 7, 2021 pdf
Nothing new from the Biden timeline yet so, again, we will do a catch up tomorrow. According to his schedule he will have remarks for the jobs report later this morning.
That is it for today. Have a good Friday, stay safe out there, the crazy appears to be ramping up, but then, what else is new. See you tomorrow!
This is an Open Thread