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CEI's Ryan Young on huge downward revision of jobs report by BLS

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Mike Ferguson in the Morning 08-22-24

Ryan Young, senior economist at the Competitive Enterprise Institute (CEI), talks about the huge downward revision of over 800,000 jobs between March 2023 and March 2024 by the Bureau of Labor Statistics. How did they miss by that much and will it affect upcoming decisions by the Federal Reserve?

Ryan's story here: https://cei.org/news_releases/big-revision-in-job-numbers-spells-bad-news-for-the-economy-cei-analysis/

More columns from Ryan here: (https://cei.org/experts/ryan-young/)

(@RegoftheDay)

(https://cei.org)

 

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