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❌EMPLOYMENT REPORT NUMBERS REVISED DOWN

❌EMPLOYMENT REPORT NUMBERS REVISED DOWN

Day: 09 | Time: 18:25:45 You can't make it up: the employment report numbers have been revised DOWNWARD in 4 out of 5 months in 2024. The most significant revision, from 353,000 to 256,000, or a decrease of 97,000, occurred in January. Subsequently, a downward revision of -39,000 was made in February. April and May were revised downward by...

You can’t make this up:

Jobs report numbers have been revised DOWN in 4 out of 5 months of 2024.

The largest revision from 353,000 to 256,000, or by 97,000 took place in January.

Subsequently, February saw a -39,000 downward adjustment.

April and May were revised down by… pic.twitter.com/FhCt83JSca— The Kobeissi Letter (@KobeissiLetter) July 9, 2024