3. 5 . Joining right now to break down the number is anthony chan along with mike murphy. Great to see you guys. Thanks irving here. See mechanized beer. Why do you think the economists were so wrong on this very strong month of november for jobs . Murray a couple of things, first of all we know we have this big midwest storms during the month and a lot of people, let economists think that subjects in the number. Anywhere from 30 to 40,000 because of the weather. I looked the numbers, and these numbers are not seasonally adjusted so you have to compare to the year before in the year before that. Virtually no impact. Nothing significant on the weather. So additionally, everyone got spooked by the avp report because that came into the week. If you look at the avp, theres a lot of volatility there almost 70,000 with standard deviation. But when that that comes them below hundred thousand its usually historically leaves to a blowout number thats about 60 to 70,000 above the market expectat
Down a new 50 year low. 3. 5 . Joining right now to break down the number is anthony chan along with mike murphy. Great to see you guys. Thanks irving here. See mechanized beer. Why do you think the economists were so wrong on this very strong month of november for jobs . Murray a couple of things, first of all we know we have this big midwest storms during the month and a lot of people, let economists think that subjects in the number. Anywhere from 30 to 40,000 because of the weather. I looked the numbers, and these numbers are not seasonally adjusted so you have to compare to the year before in the year before that. Virtually no impact. Nothing significant on the weather. So additionally, everyone got spooked by the avp report because that came into the week. If you look at the avp, theres a lot of volatility there almost 70,000 with standard deviation. But when that that comes them below hundred thousand its usually historically leaves to a blowout number thats about 60 to 70,000 a
Onomists were so wrong on this very strong month of november for jobs . Murray a couple of things, first of all we know we have this big midwest storms during the month and a lot of people, let economists think that subjects in the number. Anywhere from 30 to 40,000 because of the weather. I looked the numbers, and these numbers are not seasonally adjusted so you have to compare to the year before in the year before that. Virtually no impact. Nothing significant on the weather. So additionally, everyone got spooked by the avp report because that came into the week. If you look at the avp, theres a lot of volatility there almost 70,000 with standard deviation. But when that that comes them below hundred thousand its usually historically leaves to a blowout number thats about 60 to 70,000 above the market expectations. So the signs were all there. So the difference between the surveys, the Household Survey used with the Unemployment Survey has no impact from the strikes. And of course yo
3. 5 . Joining right now to break down the number is anthony chan along with mike murphy. Great to see you guys. Thanks irving here. See mechanized beer. Why do you think the economists were so wrong on this very strong month of november for jobs . Murray a couple of things, first of all we know we have this big midwest storms during the month and a lot of people, let economists think that subjects in the number. Anywhere from 30 to 40,000 because of the weather. I looked the numbers, and these numbers are not seasonally adjusted so you have to compare to the year before in the year before that. Virtually no impact. Nothing significant on the weather. So additionally, everyone got spooked by the avp report because that came into the week. If you look at the avp, theres a lot of volatility there almost 70,000 with standard deviation. But when that that comes them below hundred thousand its usually historically leaves to a blowout number thats about 60 to 70,000 above the market expectat
3. 5 . Joining right now to break down the number is anthony chan along with mike murphy. Great to see you guys. Thanks irving here. See mechanized beer. Why do you think the economists were so wrong on this very strong month of november for jobs . Murray a couple of things, first of all we know we have this big midwest storms during the month and a lot of people, let economists think that subjects in the number. Anywhere from 30 to 40,000 because of the weather. I looked the numbers, and these numbers are not seasonally adjusted so you have to compare to the year before in the year before that. Virtually no impact. Nothing significant on the weather. So additionally, everyone got spooked by the avp report because that came into the week. If you look at the avp, theres a lot of volatility there almost 70,000 with standard deviation. But when that that comes them below hundred thousand its usually historically leaves to a blowout number thats about 60 to 70,000 above the market expectat