What shutdown? Jobs growth strong in October
November 8th, 2013
09:07 AM ET
6 months ago

What shutdown? Jobs growth strong in October

New York (CNNMoney) – What shutdown? Job growth unexpectedly surged in October, even as the federal government closed its doors for 16 days.

The U.S. economy added 204,000 jobs, according to the Bureau of Labor Statistics. That was well above economists' expectations. There was more good news about hiring during the late summer. Revisions showed an extra 60,000 jobs were created in August and September.

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Filed under: CNNMoney.com • Government Shutdown • unemployment
soundoff (96 Responses)
  1. One Sided

    Yes jobs were added yet unemployment went up as well.

    November 8, 2013 12:12 pm at 12:12 pm |
  2. Sniffit

    "If they did, our economy would not work at all. "

    Right...which is why the studies all show it would in fact work much better (including product and service quality). Yawn. Your claims that I'm the one who doesn't understand are nothing more than your frustration that I simply refuse to swallow your purely theoretical ideological model and instead favor fact and evidence based economic analysis that shows what you're supporting and arguing in favor of IS DAMAGING THE ECONOMY IN THE LONG-TERM. Bottom line is that you entirely confuse convenience to yourself with successful promotion of free market principles, which dictate competition over consolidated market share.

    November 8, 2013 12:17 pm at 12:17 pm |
  3. Bill from GA

    Sniffit "The cornerstone of all "free market" theory is competition."

    Competition exists on more levels than just price. As i said in an earlier comment, I shop at other stores because they are around the corner. A store the size of my local Walmart couldn't exist in every neighborhood; their size could not be justified by the smaller amount of business.

    From comments you made regarding the Walmart in DC, I gather your idea of "free market" is where the government tells you what to do. In a true "free market", if Walmart wasn't right for an area, the shoppers would not shop there.

    What works well in suburban America may not be best for, say, Manhattan, but it works fine in most places.People line up for the jobs there; they crowd the parking lot to shop there. Sounds like free enterprise to me. In your perfect world, the government will regulate such things, and we will all pay more. And have fewer choices.

    November 8, 2013 12:19 pm at 12:19 pm |
  4. just asking

    the shutdown did absolutely nothing to the economy. just another obama-democrat lie to the american people. only 17% of it shut down. all of the non-essential useless stuff. and all those people ended up getting a paid vacation for the time they were out!

    wake up america. all the democrats and obama do is lie to you. wake up!

    November 8, 2013 12:21 pm at 12:21 pm |
  5. Sniffit

    "And if my comment made no sense to you, it probably DID to most people, living in suburban areas, all over the developed world. if you prefer to live without the advantages of large scale production and marketing, you could surely find a nice life in the undeveloped parts of the world, without the evils our capitalist economy encourages. Its too bad you can't understand that not all Americans support your economic view. If they did, our economy would not work at all. And I'm sure that statement makes no sense to you, either."

    Newsflash: convenience is not the measure of whether free market principles, all based on healthy competition, have been best served. Ignore the studies all you want. I really don't care. You may think it's wonderful to traipse off to the Walmart/big box store shopping park, but there are hundreds to thousands of people in your region who can't even shop there in the first place because they are unemployed as a result of its existence. It's not deniable. your claims that I'm the one who doesn't understand translate as your frustration that I refuse to accept your theories and ideology and instead prefer to look at fact and evidence based analyses of what actually happens to jobs, the economy and small businesses, not to mention municipal revenue streams, when these stores move into an area.

    November 8, 2013 12:22 pm at 12:22 pm |
  6. Ol' Yeller

    @Dominican mama 4 Obama
    Thanks, but I feel bad, it's like boxing a third grader.
    And Rudy... watch it now, You know Mr. Kimball was one of them turrible Gubmint employees. In retrospect, it was Mr Haney who represnted the 'businessman', forever selling crappy products to Mr. Douglas which usually fell to pieces the first time he tried t ouse them.

    November 8, 2013 12:24 pm at 12:24 pm |
  7. Ol' Yeller

    Hey, just asking, bout time you rolled out of the rack. What, you wanted to be up to meet the mailman to see if your disability check got here?
    "all of the non-essential useless stuff."
    Whoa there Nelly! I thought it was a HUGE DEAL that the WWII monument got closed down? Heck old crazy eyes herself showed up to blame the Dems for her vote. Funny how your outrage seems to blow with the political wind....

    November 8, 2013 12:33 pm at 12:33 pm |
  8. Rudy NYC

    Bill from GA

    Sniffit "Your comment didn't make any sense whatsoever and shows you don't really understand the issue and haven't done ... "

    OH, I get it!! i should drive 20 or 30 minutes to a 'Hip' area and support some boutique shops. I remember when I lived in NYC, where they were just around the corner. Paid their workers cash, to avoid the taxes. Charged high prices, too.
    ------------------------
    Small businesses evaded paying their fair share being exposed by a conservative? Oh my. Complaints about high prices because the greedy will always charge the highest price the market can stand before sales drop off? Oh my.

    Complaints about driving 20-30 minutes in NYC to a boutique shop? Oh my. No one with any sense would drive 20 minutes to get somewhere in NYC. It would take you longer than that to find a parking space.

    November 8, 2013 12:35 pm at 12:35 pm |
  9. rs

    just asking

    the shutdown did absolutely nothing to the economy. just another obama-democrat lie to the american people. only 17% of it shut down. all of the non-essential useless stuff. and all those people ended up getting a paid vacation for the time they were out!

    wake up america. all the democrats and obama do is lie to you. wake up!
    ____________________________
    If you think that just because at some point in time federal employees will get the pay they didn't get because of the Republican's shutdown, well that just ignorance on your part. Most people simply cannot skip a paycheck without having to sacrifice soemthing. No you fool, the real problems were for the people in the private sector who got laid off, because the federal employees (their customers) weren't there, or because the government wasn't making payments. Never mind the $billions in tourist reveues lost, or taxes not collected at businesses by national parks and monuments.
    Don't worry, you guys own the shutdown and the 22% approval rating that went with it.

    November 8, 2013 12:35 pm at 12:35 pm |
  10. loving it

    One Sided

    Yes jobs were added yet unemployment went up as well.

    November 8, 2013 12:12 pm at 12:12 pm |

    The jobs figure did not reflect the furloughs of government employees, as they went back to work and were paid (or will be paid) for the furlough time.

    The unemployment number does reflect the forloughed workers, as that is based on household information and furloughed employees reported themselves as "unemployed".

    At last that is what one news report stated. I guess the proof will come out next month when no households will be reporting based on the shutdown. If the rate goes back down, that explanation would ring true.

    November 8, 2013 12:45 pm at 12:45 pm |
  11. Dominican mama 4 Obama

    No compassion, eh? Close to 25 years of caring for the ill
    -------------------------------------------------
    The fact that you were a nurse does not mean you're compassionate Fair.
    Based on your posts Fair it would be a wonder if you didn't berate your immigrant patients for their less than perfect english, and possibly suggest that they go back tho their "third world hell hole" and seek treatment there.
    Nurse Ratchet.

    November 8, 2013 12:53 pm at 12:53 pm |
  12. Rudy NYC

    Ol Yeller wrote:

    And Rudy... watch it now, You know Mr. Kimball was one of them turrible Gubmint employees. In retrospect, it was Mr Haney who represnted the 'businessman', forever selling crappy products to Mr. Douglas which usually fell to pieces the first time he tried t ouse them.
    --------------
    Mr. Haney was the traveling salesman.
    Mr. Kimble ran the general store that also served as the train station. Kimble also appeared in "Petticoat Junction".

    November 8, 2013 01:02 pm at 1:02 pm |
  13. Bill from GA

    Rudy

    You calling ME a conservative??

    I don't agree with you and Sniffit 5% of the time, so I'm a conservative??

    And if you read my comments, the 'driving 20 or 30 minutes is NOW. In Metro Atlanta. As opposed to driving 5 or 10 minutes to the local, suburban big box stores. NYC, as in "I remember when"; that 's the past. Years ago. I understand; you got into the conversation late and missed the beginning.

    I am very much an independent; not conservative on most issues, not liberal on all issues, but i usually vote for Democrats and support Pres. Obama most of the time.

    November 8, 2013 01:17 pm at 1:17 pm |
  14. Sniffit

    "In a true "free market", if Walmart wasn't right for an area, the shoppers would not shop there."

    OMG, it's like talking to a doorknob. Forget it, dude. Just forget it. You don't get it, you're making irrelevant folksy-wisdom arguments based on broken ideology and your incoherent grasp of it and you're happy that way. That's fine with me.

    November 8, 2013 01:29 pm at 1:29 pm |
  15. Sniffit

    "What works well in suburban America may not be best for, say, Manhattan, but it works fine in most places.People line up for the jobs there; they crowd the parking lot to shop there. Sounds like free enterprise to me. In your perfect world, the government will regulate such things, and we will all pay more. And have fewer choices."

    What don't you understand about everything you just claimed being disproven by studies that actually go in and OBJECTIVELY MEASURE the effect of a Walmart or other big box store moving in to an area just like you're describing? What is so hard for you to grasp about that? People line up for the freekin jobs at that Walmart because all of the jobs provided by the various small businesses that are now out of business ARE NOW GONE...and there were more of them than the Walmart is providing. And they were of higher quality, with more benefits and not relegated to part-time hours to avoid providing those benefits. They "crowd the parking lot to shop there" because it forced all the small businesses to close and it's now the only freekin game in town, i.e., it not only reduced you to fewer choices but reduced you to ONE choice!!!!

    November 8, 2013 01:34 pm at 1:34 pm |
  16. Bill from GA

    Ruby and Sniffit: So now that the off-the-chart liberal twins are both in attack mode, what is your solution?

    Is the American (actually the big-box store concept is in play in much of the developed world) model of the big-box store to be outlawed? By who: Feds, state, local? Is your idea of free-enterprise to go back to only mom&pop stores? Before Sears, Belks, Woolworths, or whatever the earliest large chains?

    And without national (international?) buying power, will I be denied the opportunity to buy bananas and mangoes, for example? Mom and Pop can't offer what I want without large companies supplying goods. Where do you want to draw the line? Before, it was just Walmart; now it is all, well, I really don't know where you are going with your big-box phobia..

    What about all the lost jobs in trucking, warehousing, shipping and ports? Where does it end, this regulated (forced) localizing of markets? If the basis for your belief is mainly lost jobs, change to a more efficient system always results in lost jobs.

    November 8, 2013 01:46 pm at 1:46 pm |
  17. Bill from GA

    Hey, Sniffit, I just figured out your economic model:

    Mom & Pop still get goods, internationally, by going to the big warehouse stores (like Walmart) to buy their product Or they can have it shipped to them from large suppliers (like Walmart). Then, they can sell it to us consumers, at a markup. And more jobs (and waste) are created.

    Brilliant. Let's all just turn our calenders back 60 years or so.

    November 8, 2013 02:02 pm at 2:02 pm |
  18. Bill from GA

    Sniffit: " all of the jobs provided by the various small businesses that are now out of business ARE NOW GONE "

    Actually, there were COW PASTURES here before Walmart. See, this area is growing. Where there were forests, there are now subdivisions, stores, new roads. Its been happening for a long time. I'm amazed that you haven't noticed.

    Maybe you should get out and see America someday.

    November 8, 2013 02:35 pm at 2:35 pm |
  19. Rudy NYC

    Bill from GA

    Rudy

    You calling ME a conservative??

    I don't agree with you and Sniffit 5% of the time, so I'm a conservative??

    And if you read my comments, the 'driving 20 or 30 minutes is NOW. In Metro Atlanta. As opposed to driving 5 or 10 minutes to the local, suburban big box stores. NYC, as in "I remember when"; that 's the past. Years ago. I understand; you got into the conversation late and missed the beginning.
    -------------–
    Read you own comment. It strongly suggests NYC, and Metro Atlanta isn't even mentioned. Furthermore, "big box stores" have been pretty much banned for decades within the NYC limits for the exact reasons cited by Sniffit. In other words, your "I remeber when" was probably a trip to a local A&P, not a big box store. I would hate to have to call it a "you made it all up."

    November 8, 2013 02:38 pm at 2:38 pm |
  20. Rudy NYC

    Bill from GA

    Sniffit: " all of the jobs provided by the various small businesses that are now out of business ARE NOW GONE "

    Actually, there were COW PASTURES here before Walmart. See, this area is growing. Where there were forests, there are now subdivisions, stores, new roads. Its been happening for a long time. I'm amazed that you haven't noticed.
    ----------------
    You would make a fine Harkonnen baron. You like the idea of turning forests of trees into forests of parking meters and big box stores? Did you know that 90% of our oxygen comes from rain forests, and other types of forests.

    Do you believe in climate change? Did you know that only 1/3 of the Earth's surface is land? Did you know that 2/3 of the Earth's land area is desert? Some hot, some cold, some in between. Do you believe in climate change?

    November 8, 2013 02:43 pm at 2:43 pm |
  21. Bill from GA

    Rudy

    My comment: "OH, I get it!! i should drive 20 or 30 minutes to a 'Hip' area and support some boutique shops. I remember when I lived in NYC, where they were just around the corner."

    Taken in reference to my previous comment, on this post, about driving 5 or 10 minutes to local stores, to find a mom and pop store is 20 or 30 minutes away. I separate this from my time in NYC by "I remember when". And then I reference 'boutique shops' (in the next sentence) as being just around the corner, in NYC. Still under "I remember when". Not to complicated.

    As to trees, you can hardly find metro Atlanta on Google Earth for all the trees. As a home builder in the 70's. we left all the trees we could. Now they do cut more. Deal with it.

    November 8, 2013 03:12 pm at 3:12 pm |
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