The most important part of today’s report were the 2025 revisions.
584,000 jobs gained were reported for the year. The revisions today has it at 181,000. 403,00 jobs that were reported but never existed
That is a misstatement by 69%
What’s scarier is that sinceI don’t trust these numbers, it’s probably much, much worse.
Either way, why does our financial system continue to put trust in these numbers. Who would put trust and use an indicator that had only 30% accuracy? This is insane but then again these markets have always been rigged. This is yet another tool meant to confuse and deceive.