​Jobs Shock: October Payrolls Huge Miss As Private Jobs Go Negative For First Time Since 2020 – Tyler Durden

Jobs Shock: October Payrolls Huge Miss As Private Jobs Go Negative For First Time Since 2020 In our nonfarm payrolls preview last night, we said that the October payrolls report may show the first negative print since 2020. Well, moments ago the BLS reported the highly anticipated number and… it was close: the monthly print was only 12K, a huge drop from the pre-revision 254K in October (revised naturally lower to 223K), and just 13K away from a negative print. The print was so low it was only above the two lowest estimates (those of Bloomberg Econ for -10K and…  — Continue at ZeroHedge News : Read More