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What makes the new monthly jobs report less reliable than most

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What makes the new monthly jobs report less reliable than most

Expectations heading into this week showed projections of about 110,000 new jobs having been added in the United States in October. As it turns out, according to the new report from the Bureau of Labor Statistics, the totals were actually quite a bit worse than that. NBC News reported:

The United States added just 12,000 jobs last month, a figure economists say was impacted by two hurricanes and a strike. Yet, even with those caveats, the report pointed to a cooling labor market. The latest payrolls figure marked the fewest monthly job gains since December 2020, during the depths of the Covid pandemic, with the Bureau of Labor Statistics saying the U.S. effectively added no new net payrolls last month.

The U.S. unemployment rate, meanwhile, was unchanged at 4.1%.

At first blush, this might look like a disaster. After years of robust job growth, seeing new hires drop to a four-year low, at least superficially, appears dreadful.

But this is one of those rare months in which the top lines of the BLS report only tell part of a larger story. The New York Times published this report before the new data reached the public:

The last couple of months have seen an unusual amount of disruption. First came the Boeing strike in September, taking some 35,000 workers off payrolls, plus another 6,000 from smaller strikes. Then came Hurricanes Helene and Milton, which spiked unemployment claims by about 35,000 in early October.

The article added that a drop-off in hiring “wouldn’t be an accurate representation of employers’ appetite to hire.”

In fact, economists and market analysts have issued plenty of warnings this week, explaining that the jobs report would paint a misleading picture. The Associated Press reported a few days ago that the report would “include some of the most distorted monthly employment figures in years.”

In other words, if all you see is the top line, you’re missing the relevant context.

As for the bigger picture, let’s also circle back to previous coverage to put the data in perspective. Over the course of the first three years of Donald Trump’s presidency — when the Republican said the U.S. economy was the greatest in the history of the planet — the economy created roughly 6.38 million jobs, spanning all of 2017, 2018 and 2019.

According to the latest tally, the U.S. economy has created roughly 16.5 million jobs since January 2021 — more than double the combined total of Trump’s first three years. (If we include the fourth year of the Republican’s term, the data looks even worse for him.)

For some additional context, consider job growth by year over the past decade, updated to reflect the latest data revisions:

2013: 2.3 million

2014: 3 million

2015: 2.7 million

2016: 2.3 million

2017: 2.1 million

2018: 2.3 million

2019: 1.98 million

2020: -9.3 million

2021: 7.2 million

2022: 4.5 million

2023: 3 million

Ten months into 2024: 1.7 million

This post updates our related earlier coverage.

Steve Benen

Steve Benen is a producer for “The Rachel Maddow Show,” the editor of MaddowBlog and an BLN political contributor. He’s also the bestselling author of “Ministry of Truth: Democracy, Reality, and the Republicans’ War on the Recent Past.”

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Trump-backed Jay Feely wins GOP primary in Arizona’s battleground 1st District

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Former Arizona Cardinals kicker Jay Feely cruised to victory in Arizona’s 1st District on Tuesday, one of the nation’s most competitive battlegrounds.

Feely, a close ally of President Donald Trump, leveraged Trump’s endorsement to topple former state Rep. Joseph Chaplik.

He’ll face a steep challenge defeating the Democratic nominee in November: The 1st District, which spans the affluent suburbs north of Phoenix, is one of House Democrats’ top targets after Trump won it by just three points in 2024. Feely is looking to keep the seat under GOP control amid a midterm year that presents major headwinds for the party.

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Rep. Andy Biggs wins GOP primary for Arizona governor

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Trump-endorsed Rep. Andy Biggs has won the GOP primary to face Democratic Gov. Katie Hobbs in November, setting up a marquee governor’s race in one of America’s most competitive states.

Biggs, a former chair of the hardline House Freedom Caucus and a close ally of President Donald Trump, easily dealt with his only serious challenger, Rep. David Schweikert, on Tuesday. Before the primary results were official, he had already begun pivoting to the general election against Hobbs, who is seen as one of the most vulnerable Democratic governors this fall.

Republicans feel bullish about their odds of flipping the governorship, after Trump carried the state by five points in 2024. But even though Trump won last time, the state has gradually shifted to pure tossup territory over the past few years, electing Democrats to both Senate seats, as well as the attorney general and secretary of state’s offices.

Hobbs had already shifted her focus to Biggs as well. Her campaign has amassed a significant warchest for the race and has already started running ads. Biggs, given his lack of a significant primary challenge, has been able to hold onto more cash than his GOP rivals, but is still behind Hobbs.

The race will test whether Republicans, who are starting down a potentially bruising midterm cycle, can reclaim the top office of a state that has long been a place of success for the party.

During the Republican primary debate, Biggs spent more time talking about his working relationship with House Minority Leader Hakeem Jeffries and Arizona Democratic Sen. Mark Kelly than he did flexing his endorsement from Trump or highlighting his House record, including his time atop the Freedom Caucus. Instead, he tried to refocus on his bipartisanship in Congress and his leadership in the state legislature.

“I know how to reach across the aisle,” Biggs said during the debate.

But he will still have to contend with many of his past stances, including his role in trying to overturn the 2020 election.

And Hobbs is already working to ensure voters know where Biggs stands on key issues as a longtime member of the House, including his anti-abortion positions and his role in 2020. Her campaign has repeatedly attacked him as “too extreme” for the state and has dubbed him “basement Biggs” for keeping a relatively low profile throughout the GOP primary.

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Trump-backed Mark Lamb wins Arizona House primary despite sex scandals

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A scandal-plagued House candidate powered by President Donald Trump’s endorsement won a messy primary Tuesday.

Mark Lamb, the former Pinal County sheriff, overcame a late push from self-funding candidate Daniel Keenan in Arizona’s 5th District. Lamb will enter November as the heavy frontrunner in the deep-red Phoenix-area district to replace Rep. Andy Biggs (R-Ariz.), who is running for governor.

Keenan had poured nearly $2 million of his own cash into the campaign and attempted to make Lamb’s alleged sexual misconduct and abuse of power central to the race. Lamb has denied the allegations.

But Lamb — bolstered by Trump and Arizona-based Turning Point USA — managed to ward off the attacks.

The race’s outcome reveals the strength of Trump’s endorsement, and it’s the latest example of how willing GOP primary voters have been to accept scandal-ridden candidates favored by the president.

Lamb, who served as sheriff until 2024, earned national notoriety as a gun-toting critic of the Biden administration’s immigration and border policy. He secured Trump’s backing for the 5th District contest last year.

Then in May, the Arizona Republic launched a multi-part investigation alleging that Lamb engaged in a yearslong pattern of sending sexual images and instigating intimate encounters between him, his wife and others. One woman involved, Jillian Stannard, accused Lamb of encouraging her husband to have sex with other women, including Lamb’s wife. She also alleged that Lamb threatened her, saying there would be consequences, when Stannard raised concerns to religious leaders.

Screenshots the Republic obtained of messages with another woman, Tammy Peacock, suggest Lamb — then a sitting county sheriff — threatened to leverage Arizona’s revenge porn law against her.

In a statement last week, Lamb spokesperson Ed Morabito told Blue Light News that “these allegations are false and come from long-discredited political opponents.”

Lamb did not lose any significant endorsements in the wake of the scandals — Trump reinforced his endorsement in mid-July — even as Keenan made the allegations central to his campaign.

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