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News@lemmy.worldEnglish · 1 month ago

U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

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U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

kebab@endlesstalk.org to

News@lemmy.worldEnglish · 1 month ago

Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate.

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1 month ago
It’s almost like the revisions render the initial releases completely unreliable. Almost. Yet the market moves as if they mattered.

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