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X @Bloomberg
Bloomberg· 2025-09-05 12:38
US job growth cooled notably in August while unemployment rose, fanning concerns the labor market may be on the cusp of a more significant deterioration. https://t.co/RBbxrQBmi0 ...
ADP Report Shows Slower US Jobs Growth in August
Bloomberg Television· 2025-09-04 12:58
The ADP report lined up the estimate in our survey, 68 K the previous number one over four with the number this morning. As Mike mccarthy good morning, mike. The morning john i'm looking right now at the number it's 54,050 4000 jobs according to adp comes in lower than the forecast you just mentioned of 68,000 and certainly down from a revised 106,000 last month.So this is not good news for the markets and it is something that was foreshadowed by Governor Chris Waller, who noted that the Fed buys data from ...
X @Investopedia
Investopedia· 2025-09-03 03:00
The government's official job growth figures are about to be massively revised downward—again. https://t.co/0xzMSlmZ8o ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-08-20 12:07
We are going to see which economists can critically think in the coming months.There is a good chance job growth plateaus, which is historically a negative sign, but earnings continue accelerating.The elementary analysis will be “the economy is in trouble,” but the smart people will realize AI is making companies much more efficient.They are creating more earnings with fewer employees.Seismic shift in how economic data will need to be viewed. Most economists won’t be able to make the adjustment. ...
X @Bloomberg
Bloomberg· 2025-08-09 14:28
Economic Impact - Wall Street economists hold differing views on whether Trump's immigration crackdown is the cause of a significant slowdown in US job growth [1]
X @The Wall Street Journal
The Bureau of Labor Statistics’ data does more than capture monthly job growth and inflation pressures. It plays a crucial role in Americans’ financial lives. https://t.co/1gSTEUwJjl ...
X @The Wall Street Journal
From @WSJopinion: The reality of slowing job growth is clear to anyone paying attention, no matter the official statistics. Trump’s data denial is one more reason fewer Americans will trust the government. https://t.co/YcV8AOfqBX ...
“It's insane that the largest and most sophisticated economy in the world is this unpredictable.”
All-In Podcast· 2025-08-02 23:05
Economic Data Accuracy - The US economy's unpredictability is concerning given its size and sophistication [1] - BLS (Bureau of Labor Statistics) data revisions show a downgrade in actual job growth [1] - The US economy created approximately 818,000 fewer jobs in the 12 months leading up to March 2024 [1] - Inaccurate employment data leads to inaccurate GDP assessments [2] - Bad data is a fixable problem that requires prioritization and effort [3] Market Implications - Sophisticated capital markets can react to real-time data and make informed decisions [3] - The combination of inaccurate employment and GDP data could be problematic for the economy [2] Data Collection & Reporting - There is a need to prioritize fixing the data collection and reporting systems [3] - Existing systems and SAS tools should be leveraged to improve the accuracy of employment data [3]
Trump directs commissioner of labor statistics to be fired after labor data revisions
CNBC Television· 2025-08-01 22:45
And we're just hearing from President Trump via Truth Social that he is firing the commissioner of labor statistics. He says effective immediately. This of course coming after the jobs report this morning showed lower than expected job growth for the previous month as well as major downward revisions for the past two.So the president focusing on that those revisions in particular in this truth social post saying he's firing Dr. . Erica McIntyre for the commissioner of labor statistics because she was a Bide ...
X @Bloomberg
Bloomberg· 2025-08-01 18:58
President Donald Trump says he is directing officials to fire the commissioner of the Bureau of Labor Statistics, hours after a report showed US job growth cooled sharply. Listen to that and the latest stories on Bloomberg News Now. https://t.co/3TDYNLb8Wj ...