📈 TKer by Sam Ro

📈 TKer by Sam Ro

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📈 TKer by Sam Ro
📈 TKer by Sam Ro
Beware the no-context, gloomy jobs report headlines 👎

Beware the no-context, gloomy jobs report headlines 👎

The expectations game doesn't reveal the full picture

Sam Ro, CFA's avatar
Sam Ro, CFA
Dec 03, 2021
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📈 TKer by Sam Ro
📈 TKer by Sam Ro
Beware the no-context, gloomy jobs report headlines 👎
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A ' We're Hiring" sign hangs near the entrance to a CVS store on November 05, 2021 in Miami Beach, Florida. (Source: Getty Images)

Upon reading mainstream news headlines, you might think the U.S. labor market is in trouble.

Here’s a sampling of what some of the major outlets were running on their homepages as of around 10 a.m. ET:

  • “Economy added just 210,000 jobs last month, far below expectations“ - NBC News

  • “US employers added a sluggish 210,000 jobs in November“ - ABC News

  • “US hiring stumbles in November as economy adds just 210,000 new jobs“ - Fox Business News

  • “Hiring stalled in November, with businesses adding only 210,000 jobs” - CBS News

  • “Disappointing jobs report: American employers added only 210,000 new jobs in November“ - CNN

Despite what these headlines say, don’t get caught going around telling people “hiring stalled,” because that couldn’t be further from the truth.

Here’s where these headlines are coming from

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