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U.S. Economy Adds 227,000 Jobs In November

⁨8⁩ ⁨likes⁩

Submitted ⁨⁨5⁩ ⁨months⁩ ago⁩ by ⁨realcaseyrollins@thelemmy.club⁩ to ⁨news@hilariouschaos.com⁩

https://www.breitbart.com/economy/2024/12/06/u-s-economy-adds-227000-jobs-in-november/

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  • SJ0@hilariouschaos.com ⁨5⁩ ⁨months⁩ ago

    I have warned about this with respect to these numbers before, and I’m going to warn about them again: you really can’t trust the employment numbers right now. The amount of downward revisions in the past 2 years is absurd, including one 800,000 job downward revision prior to the election. It’s entirely possible and even probable that these numbers will be revised further downwards.

    What I actually expect is for a lot of numbers to keep looking better than they really are until about January 20th. And then suddenly a whole bunch of stuff is going to end up looking the way it really is…

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    • realcaseyrollins@thelemmy.club ⁨5⁩ ⁨months⁩ ago

      And then suddenly a whole bunch of stuff is going to end up looking the way it really is…

      What the heck does that mean?

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