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RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 7 days ago

US Jobs Pickup May Keep Fed on Track to Hike Rates Again

www.bloomberg.com

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US Jobs Pickup May Keep Fed on Track to Hike Rates Again

www.bloomberg.com

RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 7 days ago
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Bloomberg - Are you a robot?
www.bloomberg.com
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  • workerONE@lemmy.world
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    7 days ago

    They keep having to revise these numbers downward because they’re not accurate.

    • BrilliantBadger@piefed.ca
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      7 days ago

      Yah, didn’t they revise 2025 job growth down by like 90%? No possible way to be off by that much without purposeful intention

      • EnsignRoApologist@lemmy.world
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        7 days ago

        lol no, they did not

        And revision rates are generally downward because of how the survey process works.

        Here’s the history of revisions: https://www.bls.gov/sae/tables/revisions/

        • BrilliantBadger@piefed.ca
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          7 days ago

          Theres a reason donnie fired the Bureau of Labor Statistics commissioner after job numbers revised downward

          Weird, huh?

          You legit think those numbers reported under donnies admin are real?

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