Another Month Sees a Downard Revision in Jobs Numbers

[excalibur]

Every month in 2023, except July, has seen job numbers revised down.

The BLS keeps posting rosy numbers for MSM to swoon over knowing the same MSM will barely talk about the downward revisions.

 

[shockedcanadian]

Media should just say "some job numbers were released today, we will report them once the revisions are releaeed next month".

 

[excalibur]

And this:

 

[DigitalDrifter]

They sure were not rosy #'s that just came out.

https://edition.cnn.com/2023/11/03/economy/jobs-report-october-final/

 

[MarathonMike]

It doesn't matter. Banker and the rest of the goldfish will be hopping out of the water again on next month's rosy numbers.

 

[JackOfNoTrades]

Every month in 2023, except July, has seen job numbers revised down.

The BLS keeps posting rosy numbers for MSM to swoon over knowing the same MSM will barely talk about the downward revisions.

You people would be dangerous if you could make up your minds without tripping over your political bias. Is it jobs growth?...or Inflation/Interest Rates?
The jobs numbers were just good enough for growth but not so good as to cause the Fed to want to raise interest rates again to cool the economic growth.
Inflation will tick downward. I believe it already is.

A win in my book.

 

[Mac1958]

Good news. This will relieve pressure on interest rates, which is why the market is up today.

The soft landing is still a possibility. That would be nice.

 

[Rambunctious]

A lot of state and county and city jobs are beginning to be lost also.... so I hope all you Biden voters who are public employees will finally learn....

 

[excalibur]

Can't spin the first two tweets.