Jobs Revisions Are Pointing to Labor Weakness, Says BlackRock’s Rosenberg
Is this something you can ignore, or is there some information that's worth paying attention to. Yeah, I think the headline is a bit confusing, because you've got the drop in the unemployment rate on a very weak headline and a weak revisions. I'd be hesitant to just write this report off, because I think that the revisions in the headline number are pointing to weakness, while the drop in the unemployment rate is really about the supply side and the drop in the participation rate.So I think you can have tho ...