Sam Litzinger on Nostr: “Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly ...
Published at
2024-08-03 04:15:25Event JSON
{
"id": "3782ee57e517c298aec4efa52f743d8f41513f57f9ba71ee7f22b5c134d34fd7",
"pubkey": "9ce5b37f4458ebfc42083b61bd63e23f7e679422a8e67bb4aa227e8585bcd34f",
"created_at": 1722658525,
"kind": 1,
"tags": [
[
"proxy",
"https://journa.host/users/samlitzinger/statuses/112896149157091701",
"activitypub"
]
],
"content": "“Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000.”\n\nIs anyone in journalism trying to figure out why these “consensus” estimates by economists are so regularly wrong? \n\nMight be useful. \n\nhttps://www.cnbc.com/2024/08/02/job-growth-totals-114000-in-july-much-less-than-expected-as-unemployment-rate-rises-to-4point3percent.html?__source=iosappshare%7Corg.joinmastodon.app.ShareActionExtension",
"sig": "f2443133b48b6c5f3319c5e01912a906b7611e5bf73ef39db24650349dd516ec62497ecf2a38dc3857345670da92208ffb57eb9c429008cb05be581bc742de9a"
}