Economics Thread

Trump should be thankful for this Biden operative who lied about the job numbers because this will likely be the catalyst he needs to cut rates.
 
Trump should be thankful for this Biden operative who lied about the job numbers because this will likely be the catalyst he needs to cut rates.
Nice of the Biden lady to 10x his job numbers for a few months. Should have expected been more quiet about the revision downward
 
Today's revisions were unusually big. But I think that in itself is a warning sign. It is usually smaller companies that come in with the numbers a month or two late. The BLS models the late responses based on the batch of responses that comes in early. Which means the smaller companies that respond late came in well below what the big companies reported. It sort of intuitively makes sense if tariffs and immigration policy changes are disproportionately affecting hiring at smaller businesses.
 
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