news@hexbear.netEnglish · 16 days ago

More Than 800,000 U.S. Job Gains Have Been Revised Away — the Labor Market Is Much Weaker Than Originally Thought

finance.yahoo.com

More Than 800,000 U.S. Job Gains Have Been Revised Away — the Labor Market Is Much Weaker Than Originally Thought

finance.yahoo.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news@hexbear.netEnglish · 16 days ago

For nearly two years, the job market Americans were told about has been significantly stronger than the one that actually existed, and the Federal Reserve made a major policy decision based on numbers that have since been quietly rewritten.

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PeeOnYou [he/him]@lemmygrad.ml
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16 days ago
gee i wonder why such misreporting might be so consistent
stalin420 [he/him, comrade/them]@hexbear.net
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16 days ago
A million blog posts questioning “why does the economy feel so bad when the numbers show it’s doing so well?” just got their answer

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