Two of Canada’s largest lenders now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report https://t.co/DUA62oK1bz ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as recommendations or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research and understand the risks involved before investing in any financial instruments [1].

💥BREAKING:RATE CUT ODDS FOR 25 BPS RATE NOW 84% AND ALSO 50 BPS RATE CUTS NOW 16% FOR FIRST TIME AFTER VERY BAD JOBS REPORT. https://t.co/rwWKhrAuOE ...

THE FEDERAL RESERVE IS BEHIND THE CURVE AND SHOULD HAVE BEEN CUTTING INTEREST RATES.THE JOBS REPORT PROVES IT. ...

💥BREAKING:🇺🇸 U.S. Bureau of Labor Statistics is experiencing technical difficulties just 30 minutes before its highly anticipated August jobs report. https://t.co/bWGEoAn82d ...

The big problem with the monthly jobs report https://t.co/KBcufe8847 ...

Here Comes a Jobs Report Where the Stakes Are High https://t.co/jx0h2VdvDi ...

Market Data & Economic Indicators - The monthly jobs report is a key indicator for Wall Street trading and economic assessment [3] - Jobs data reflects economic health: employment drives spending, which boosts company hiring and profits [4] - The jobs report is a crucial signal for the Federal Reserve and Wall Street to gauge the economy's direction [5] - The jobs report data, despite being delayed and revised, is the best available monthly economic indicator [5] Potential Policy Changes & Concerns - A proposal to suspend the jobs report until data accuracy is ensured has been suggested [2] - Suspending the jobs report would deprive Wall Street of crucial data for trading decisions [3] - The feasibility of suspending the jobs report by the BLS commissioner is questionable [5]

Data Reliability Concerns - Bureau of Labor Statistics (BLS) 数据质量和可靠性下降，修订增加 [2] - 本届政府正在解决数据质量问题 [3] Leadership Changes and Future Plans - 总统已任命新领导接管劳工统计局 (BLS) [3] - 目标是为美国人民提供诚实可靠的数据，以供重要的经济决策 [4] - 劳工统计局 (BLS) 计划继续发布月度就业报告 [1] - 需要审查美国获取重要数据的方式和方法 [3]

Data Collection and Revision - The Bureau of Labor Statistics (BLS) releases monthly jobs reports, which include initial job numbers and revisions to the previous three months [1] - The Employment Situation report consists of two surveys: the household survey (calculating the unemployment rate) and the establishment survey (calculating nonfarm payroll employment) [3][4] - The establishment survey is sent to 650,000 workplaces, but only about 60% respond by the initial report release; this increases to over 90% after three months, leading to revisions [4][5] - BLS revises the numbers twice a year with unemployment insurance data and even 10 years later with census data [7] Factors Influencing Revisions - Large revisions are often attributed to economic shifts, such as coming out of or moving into a slow period [8] - Discrepancies between the current year and the previous year's employment patterns can also lead to significant revisions [9] - A specific example is the suspicion that schools are not hiring as much as they did last year due to the depletion of COVID-era funding [10] Data Integrity and Trust - Experts believe that political influence is not a factor in the revisions [10] - Eroding trust in the statistical system is detrimental to companies' decision-making processes and the country's infrastructure [12][13] - Improving the initial report completion rate is seen as the best way to reduce drastic revisions [11]