fukhueson@lemmy.world to

News@lemmy.world · 1 month ago

U.S. added 254,000 jobs in September, greatly exceeding expectations

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U.S. added 254,000 jobs in September, greatly exceeding expectations

fukhueson@lemmy.world to

News@lemmy.world · 1 month ago

U.S. added 254,000 jobs in September, greatly exceeding expectations - UPI.com

The Labor Department said on Friday that the economy created 254,000 jobs in September, smashing Wall Street expectations and giving another boost to the Federal Reserve looking to ease off on the country's interest rate

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CubitOom@infosec.pub
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1 month ago
Remind me in a month when they silently correct the numbers.
- leds@feddit.dk
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  29 days ago
  Like the last couple of months have been silently corrected upward?
- Drunemeton@lemmy.world
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  1 month ago
  Naw…
  - CubitOom@infosec.pub
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    1 month ago
    https://www.axios.com/2024/10/04/us-job-number-revisions
    
    This is one of the reasons that the fed lowered interest rates recently.
    
    Also of note, all the data that the fed looks at seems to need revisions about a month or 2 after its initial posting.

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