US Economy: Job Losses Revised Downward by 911,000
The US economy added 911,000 fewer jobs than previously reported. That’s a staggering revision, the largest ever recorded. It’s hard not to react to that with a sense of disbelief. It’s a number that immediately raises eyebrows, and understandably so. The scale of the adjustment demands attention, prompting questions about the accuracy and the motivations behind it.
This revised figure, coming after significant adjustments to economic data, sparks a wave of concern. The immediate instinct is to scrutinize the source and the timing. The timing of these revisions, especially when they coincide with political shifts, adds to the atmosphere of suspicion.… Continue reading
Matt Underwood