US Jobs Revised Down 818K (Patreon)
Published:
2024-08-21 14:57:12
Imported:
2026-06
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The Bureau of Labor Statistics (BLS) has announced a significant downward revision of 818,000 jobs in their preliminary benchmark estimate for March 2024. This revision represents a 0.5% decrease in total nonfarm employment compared to previous estimates.
The economy is nowhere near as strong as the Fed Thought - they are so called Data Driven but the data was clearly BS since 2021 when I made my first video on Fake Jobs numbers.
On the news, SPX has lost all gains for the day down 35 pts
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