The latest monthly jobs report released by the U.S. BLS claims that 517,000 nonfarm payroll jobs were added in January. While this suggests that employment growth surged during January, a deeper analysis reveals concerns that create material skepticism surrounding current and past, monthly US nonfarm jobs numbers.
I always thought Fed was always behind because they were incompetent, but maybe they are behind because their data lags behind so much. But then again they should know by now how far behind the data measurements are and they have done nothing to fix or compensate for it. Ok so they are still incompetent. (Somewhat joking)
I always thought Fed was always behind because they were incompetent, but maybe they are behind because their data lags behind so much. But then again they should know by now how far behind the data measurements are and they have done nothing to fix or compensate for it. Ok so they are still incompetent. (Somewhat joking)