US employment data just got a reality check. The October nonfarm payroll came in revised down by 68 thousand, while November saw another downward adjustment of 8 thousand. That's 76 thousand fewer jobs hitting the market than what was initially reported. Worth watching if you're tracking what's really happening under the surface of the labor market.
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TrustMeBro
· 01-09 18:14
Wow, the data has shrunk again. Now this is the real employment picture.
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ImpermanentPhobia
· 01-09 18:14
Damn, the data is so weak... The Federal Reserve still has to continue cutting interest rates, right?
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GasFeeBeggar
· 01-09 18:08
Data revised downward by 76K, US employment isn't as strong as expected... Now the truth is finally revealed.
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EthSandwichHero
· 01-09 18:03
Data shrinkage is so severe, the Federal Reserve must be getting anxious...
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ColdWalletGuardian
· 01-09 18:01
Here comes the fake data again. The US loves this approach—report it high first and then quietly lower it later.
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0xDreamChaser
· 01-09 17:55
The data shrinks, and the truth is exposed. Can we trust the Federal Reserve's rhetoric...
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FlashLoanLarry
· 01-09 17:48
ngl the revisions are way more interesting than the headline number... 76k phantom jobs vanishing is basically revealing the true opportunity cost of whatever metrics they're using. kinda like spotting mev in a block before it gets extracted, except this time it's labor market dynamics getting backrun by reality lmao
US employment data just got a reality check. The October nonfarm payroll came in revised down by 68 thousand, while November saw another downward adjustment of 8 thousand. That's 76 thousand fewer jobs hitting the market than what was initially reported. Worth watching if you're tracking what's really happening under the surface of the labor market.