Friday, January 5, 2024

The November 2023 jobs number was revised lower, from 199,000 to 173,000. The October jobs report was also revised lower from 150,000 to 105,000.

JUST IN: 10 of the last 11 months have seen downward revisions in their jobs number, according to Zerohedge. The November 2023 jobs number was revised lower, from 199,000 to 173,000. This means that the November jobs report actually missed expectations of 180,000. The October jobs report was also revised lower from 150,000 to 105,000. This means that the October jobs report was an even bigger miss than expected. For September, the jobs number was revised lower by 74,000 jobs.

What is happening here? 
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