We’ve made the point that this election was NOT about the economy, stupid. And Friday’s jobs report confirms it. If only this blockbuster October reading had come out a week earlier.  Bottom line: hiring, job openings, blue collar jobs, previous month jobs revisions, labor force participation are way up.

Nonfarm payrolls rose 165k in October while previous two months were revised up a total of 84k, for a total increase of 249k.

Employment based on household survey soared 463k in October, now up a whopping 1.4 million since July.

Almost all jobs were private sector, which added 159k, government just 6k.