Great real life video buddy. Very good advice Something I wanted to comment is that the financial industry is saying that the reason the delta was bc the survey (the initial report) included illegal jobs bc it’s a survey. The revision gets its data from insurance records, ie documented legal jobs.
Interesting, I didn't know that. I could be wrong, but I'd argue it's best for the BLS to hold off on any reporting until they're confident revisions to data would be minimal or unneeded because of the accuracy. If I'm not mistaken they've mad multiple incremental revisions across the year
800,000 jobs is crazy. Makes me not trust the labor statics!
Ya bro, our instincts are more accurate
Great real life video buddy. Very good advice
Something I wanted to comment is that the financial industry is saying that the reason the delta was bc the survey (the initial report) included illegal jobs bc it’s a survey. The revision gets its data from insurance records, ie documented legal jobs.
Interesting, I didn't know that. I could be wrong, but I'd argue it's best for the BLS to hold off on any reporting until they're confident revisions to data would be minimal or unneeded because of the accuracy. If I'm not mistaken they've mad multiple incremental revisions across the year