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The revisions from last year were the real story today. Turns out the job growth claimed last year never really happened once the numbers were corrected. You can bet the number they put out today will also be revised down to nothing in a few months. It's government as reality show, they just pump out content and move on to the next topic, regardless of the real situation on the ground.
I didn't know they revised the numbers last year. But now it makes a lot of sense. Send out exaggerated fake numbers and later revised it silently
Does anyone actually believe this? I have a really hard time believing unemployment is down when there have been so many layoffs and so many people actively looking for new roles. Not to mention, there just aren’t enough roles out there right now.
Yeah, sounds about right to me