Well, howdy there, Internet people, it's Bell again.

So today, we're going to talk about Trump, unemployment, reports, and a question.

Before we get to the question, let's get some context.

It looks like Trump thought he had a winner with the new jobs report, you know,

after he fired the calculator for not giving in the numbers he wanted. Wall Street was expecting

the long-delayed September jobs report to show an increase of 50,000 jobs. The jobs report

said the country added 119,000 non-farm payrolls.

That's a great number, considering the previous month showed a decrease of 4,000 jobs. Quite the

turnaround, especially since July and August, were revised downward.

But there was a worrying issue in the jobs report.

Even though the U.S. is reportedly adding jobs at a rate doubling expectations, the unemployment rate is still climbing.

Even though Wall Street expected it to run flat.

It's now at 4.4%. That's as high as it's been since the COVID downturn. Let's be clear, 4.4% isn't devastating from a national economic standpoint. If you're one of the 4.4% isn't devastating from a national economic standpoint.

If you're one of the 4.4%, it probably feels like it is, though.

It's hitting the high end of a healthy rate for economic expansion.

The problem is that it's gone up a tenth of percent every month since June.

So, everybody will be waiting for the October report, except the administration is saying the

shutdown means they won't release one. Now for the question. Professor Bell, can you explain how we get a massive increase in

jobs that surprised Wall Street and an increase in unemployment? He's doing it, isn't he? The he's doing

it isn't he, is asking whether or not Trump is cooking the books on national

economic data. Okay. So generally speaking, there is an inverse relationship. When non-farm

payrolls go up, unemployment goes down.

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