Jim Cramer: September Jobs Number Takes Recession Watch Off the Table

The Bureau of Labor Statistics released a stronger-than-expected jobs report Friday morning.
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The Bureau of Labor Statistics released a stronger-than-expected jobs report Friday morning. The U.S. economy added 248,000 jobs in September and the unemployment rate dropped to 5.9%. Jim Cramer says the non-farm payroll number is incredibly important because it takes recession watch off the table. Cramer adds that job growth could bode well for things like autos and maybe even homes down the line. He says this is a game-changing number and for those who want to try to interpret it bearishly, you won't do it right so forget about it. Cramer says this is the scenario that we've been looking for to turn the market around and he thinks it will stay on course.