
Jobs Mirage Exposed: Record Downward Revision Shakes Confidence
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The Bureau of Labor Statistics just issued the largest jobs revision in history — over 900,000 fewer jobs than originally reported. While the market shrugs it off as “priced in,” the reality paints a weaker labor market than Washington wants to admit. With Americans reporting record-low confidence in finding new work and faith in BLS data fading, this revision underscores what many already suspected: the economy’s “gangbuster” job growth was a fugazi all along.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
The Bureau of Labor Statistics just issued the largest jobs revision in history — over 900,000 fewer jobs than originally reported. While the market shrugs it off as “priced in,” the reality paints a weaker labor market than Washington wants to admit. With Americans reporting record-low confidence in finding new work and faith in BLS data fading, this revision underscores what many already suspected: the economy’s “gangbuster” job growth was a fugazi all along.
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