What shutdown? Jobs growth strong in October
November 8th, 2013
09:07 AM ET
12 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. Malory Archer

    Anonymous

    Imagine how better it would be without the GOP shutdown.

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++

    And without their constant obstruction. Or if they had stuck to their campaign mantra of "jobs, jobs, jobs" instead of naming post offices, and increasing the flames in their war on women.

    November 8, 2013 10:17 am at 10:17 am |
  2. Data Driven

    @Abbey,

    "Once again the Democrats fear tactics fail."

    Okay. Explain how many jobs were created BECAUSE of the shutdown.

    No?

    If conservatives think they won some kind of argument today, they need to explain how the shutdown HELPED the economy. Oh, and bring numbers.

    Because from what I see, the economy would've done even better without the government and post-office layoffs.

    November 8, 2013 10:18 am at 10:18 am |
  3. John in Florida

    This is terrible. 204,000 jobs created. GDP growing at 2.8%. Its enough to depress a Right Wing Republican. After all the millions they spent fighting President Obama at every turn the economy is still improving. It makes Republican's sad that American's are finding jobs. They had so hoped that they could stop the economic recovery so we could go back to the good old days of Herbert Hoover.

    November 8, 2013 10:18 am at 10:18 am |
  4. The Real Tom Paine

    -Rudy NYC

    A True Conservative wrote:

    ... We conservatives are simply stunned by how blind the left is to everything going on around them. What is happening to this nation is right out of 1984 or Atlas Shrugged....and the left refuses to see it or admit that it's true.....unbelievable........
    --------
    Seriously? You have got to be joking. The left has been complaining about exactly that. The plutocracy that the right wing policies are creating and reinforcing. You just shot your whole entire "liberals are communist socialists" conspiracy theory in the foot. You can't have it both ways. Liberals can't want communist socialism and be imperial capitalists at the same time.
    *****************
    Of course they want it both ways, so long as they evade responsibility. Always remember Rudy about this one: This is the same man who claims he's run climate change data in his spare time that proves his MS in Engineering trumps hundreds of PhDs who've spent years studying climate change. he's a triumph of ideology over reality, and his latest gem only adds more proof. The ironic thing is that its the Right that embraced Rand and " Atlas Shrugged" as the models for an ideal society.

    November 8, 2013 10:21 am at 10:21 am |
  5. the hippies were right

    GOP logic, employment numbers bad – " It's Obama's fault". Employment numbers good – "Obama didn't do it". Same story with gas prices.

    November 8, 2013 10:25 am at 10:25 am |
  6. Sniffit

    Job growth would have been stronger had there been no shutdown. That's not debatable. OMB has already released analysis showing that the shutdown reduced GDP in the 4th quarter by between $2B to $6B. S&P reduced projected 4th quarter growth from 3% to 2%. What you're really seeing with these numbers is that the GOP/Teatrolls were shutting down the government because they didn't want to see jobs growth hit 250,000+.

    This article's headline and posture are all about CNN carrying the GOP/Teatrolls' water. Again.

    November 8, 2013 10:25 am at 10:25 am |
  7. Sniffit

    "What is happening to this nation is right out of 1984 or Atlas Shrugged"

    Aaaaah, the Ayn Rand reference....a sure sign you're speaking to a teenager or someone who never grew beyond that mental phase.

    November 8, 2013 10:26 am at 10:26 am |
  8. rs

    A True Conservative

    The shutdown crippled the economy? Are you talking about the 16 day paid vacation for most federal workers?
    _______________________________
    Funny, TC, I live near a national park. I saw our local business close,I saw a whole tourist railroad shut down. I saw their workers laid off, I saw the foreign tourists walking around asking what the hell was going on in the greatest nation on Earth. The Right not only hurt people in their pocketbooks, they made a laughingstock of our nation.
    I guess that is were I just don't understand the Right- its all about politcal gain, not about making America a better place. The ends justify the means no matter how far off the map they are.
    You guys own the shutdown and your 22% approval rating.

    November 8, 2013 10:27 am at 10:27 am |
  9. Ol' Yeller

    Where are the cries from the right about the liberal media bias? Isn't the 'MSM' in the tank for Obama?
    Seems like CBS 60 minutes sure was.

    November 8, 2013 10:29 am at 10:29 am |
  10. Rudy NYC

    The Real Tom Paine observed:

    Of course they want it both ways, so long as they evade responsibility. Always remember Rudy about this one: This is the same man who claims he's run climate change data in his spare time that proves his MS in Engineering trumps hundreds of PhDs who've spent years studying climate change. he's a triumph of ideology over reality, and his latest gem only adds more proof. The ironic thing is that its the Right that embraced Rand and " Atlas Shrugged" as the models for an ideal society
    ----------------------
    "Atlas Shrugged" That is the real irony of it all. Ayn Rand was an atheist who fully embraced the writings of Karl Marx, who had a vision of a society ruled by imperial capitalists, where money was the only real power and all that mattered. And the right wing constantly likes to label liberals as "Marxists". They're utterly clueless to the facts.

    November 8, 2013 10:33 am at 10:33 am |
  11. rs

    Abbey

    Once again the Democrats fear tactics fail. Maybe if they would also stop lying to the American public so much voters would start to take them at their word.
    ____________________________
    Funny how hollow that one sounds. Did you lose your job for two weeks? Were you one of the people who had to tell their bank "just wait on that morgage check"? Did your coffee shop's bottom line go down? Did they have to lay off their staff? What about all the work that piled up for those two long weeks?
    The really scary thing is this: anti-American Republicans STILL voted for fiscal default at the end of their little shutdown temper-tantrum- and they still accomplished NOTHING. A group so extreme is really scary.

    November 8, 2013 10:34 am at 10:34 am |
  12. Data Driven

    @John in Florida,

    "This is terrible. 204,000 jobs created. GDP growing at 2.8%. Its enough to depress a Right Wing Republican."

    Yeah. In normal months the wingers would be griping about how the job growth rate is still below the population rate or whatever. Also, the unemployment rate actually ticked up a tenth of a point - conservatives here usually like to gripe about that, too.

    Hey, where's Reince Priebus this morning with his monthly poutrage about the job numbers? Silence thus far ...

    November 8, 2013 10:37 am at 10:37 am |
  13. Sniffit

    " the MILLIONS who are going to lose their employer-sponsored plans next year. They HAVE to. The actuarial science behind Obamacare demands it."

    So now you're an actuary too? Haha...too funny. Oh, and too bad for you that the overwhelming majority of employers have already said and continue to say that they're NOT going to be dumping their employees' health care benefits. Your penchant for opining as to the way it "just has to be" is running smack into the "way that people are saying they're actually going to behave."

    November 8, 2013 10:39 am at 10:39 am |
  14. The Real Tom Paine

    @ Hector Slagg: do you want your life to run by corporate board rooms, who will buy and sell your " representatives" at will?

    November 8, 2013 10:41 am at 10:41 am |
  15. Fair is Fair

    Rudy NYC

    SNAP participation creeps upward every time that they open up a new Wal*Mart.
    The local small businesses suffer and close up shop every time that they open up a new Wal*Mart.
    --------
    It's G.W. Wal*Mart's fault.

    November 8, 2013 10:43 am at 10:43 am |
  16. Fair is Fair

    Sniffit

    " the MILLIONS who are going to lose their employer-sponsored plans next year. They HAVE to. The actuarial science behind Obamacare demands it."

    So now you're an actuary too? Haha...too funny. Oh, and too bad for you that the overwhelming majority of employers have already said and continue to say that they're NOT going to be dumping their employees' health care benefits. Your penchant for opining as to the way it "just has to be" is running smack into the "way that people are saying they're actually going to behave."
    ---------
    Don't have to be an actuary to figure out that to cover all of the uninsured, many which are adverse risk, you have to have a very large risk pool to make the program financially viable. We shall see, won't we?

    November 8, 2013 10:46 am at 10:46 am |
  17. Sniffit

    "SNAP participation creeps upward every time that they open up a new Wal*Mart.
    The local small businesses suffer and close up shop every time that they open up a new Wal*Mart.
    --–
    It's G.W. Wal*Mart's fault."

    Yawn. What Rudy said was true. If that gets the ole grandma bloomers bunched, then tough. Walmarts are societal parasites that kill regional economies.

    November 8, 2013 10:48 am at 10:48 am |
  18. Evergreen

    Tax payers are still owed 24 billion dollars.

    November 8, 2013 10:50 am at 10:50 am |
  19. Sniffit

    "Don't have to be an actuary to figure out that to cover all of the uninsured, many which are adverse risk, you have to have a very large risk pool to make the program financially viable. We shall see, won't we?"

    "The program"? What does that even mean? "The program" is simply making sure everyone has insurance coverage of some sort, with the vast majority of people buying some form of private insurance (and about 80% of people doing so through their private employers providing health insurance benefits). "The program" is increasing the "risk pool" by approximately 30M people, most of whom are, in fact, not just the sick and those with pre-existing conditions. You're not making any sense or not clearly explaining yourself.

    November 8, 2013 10:51 am at 10:51 am |
  20. much thunder..little rain

    2 wk vacation ...not bad for sitting on your butt.. and still get paid..shut down.. nope...just bs and waste of money

    November 8, 2013 10:56 am at 10:56 am |
  21. Sniffit

    "where's Reince Priebus this morning with his monthly poutrage about the job numbers?"

    He's still too busy trying to explain away most of Tuesday's election results to focus on other things at the moment.

    November 8, 2013 10:57 am at 10:57 am |
  22. Fair is Fair

    Evergreen

    Tax payers are still owed 24 billion dollars.
    ------–
    Obama's borrowing it from the Chinese. He'll have the money in 6 days.

    November 8, 2013 10:57 am at 10:57 am |
  23. Minnie Mouse

    Did the government forget that after October comes Thanksgiving and Christmas??? lol This is an every year occurrence that thousands of jobs are added due to the holidays and these are only temporary jobs. In the end, only very few will end up being full time employees.

    November 8, 2013 10:58 am at 10:58 am |
  24. ST

    Where are they? where are they? Am asking those who call themselves leaders of the opposition Party. They always rush out in a high speed incase there are bad news on Job Report. There isn't even something about these good news on their Special Website, that one of Unfair & Unbalanced.

    November 8, 2013 11:00 am at 11:00 am |
  25. Sniffit

    Next up: These numbers and the MSM's spin, which is clearly directed at absolving them of any guilt for slowing down the economy with this most recent shutdown (as evidenced from the get-go by a headline that pretends there was no slowing down of the economy), will convince the Teatrolls in the House that it's perfectly safe and eminently advisable to repeat the process in a couple months.

    November 8, 2013 11:00 am at 11:00 am |
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