The Homa Files

In October there were 171,000 new jobs added.

Most of the job creation came in the services sector, with a gain of 150,000.

The unemployment rate moved higher to 7.9 .

Economists had been expecting the report to show a net of 125,000 new jobs and a steadying of the unemployment rate at 7.8 percent.

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What Homa Files Predicted

Earlier this week, we posted Re: Friday’s big number … what to expect (if the BLS doesn’t hide-the-weinie).

We said …

“My bet: They’ll report on time that the unemployment rate clicked up to 7.9% …  it’s the best “managed” number …. let’s Obama crow that it’s under the magic 8% … and, let’s Romney point out that it’s going in the wrong direction.”

Bingo !

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