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re: January Jobs numbers - WTF?

Posted on 2/2/24 at 8:53 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80804 posts
Posted on 2/2/24 at 8:53 pm to
I don't think any reasonable person believes these jobs reports are super accurate
This post was edited on 2/2/24 at 8:57 pm
Posted by slackster
Houston
Member since Mar 2009
85143 posts
Posted on 2/2/24 at 8:58 pm to
quote:

don't think any reasonable person believes these jobs reports are accurate


How far off do you think they are? Cumulative ADP is within 10% of BLS numbers since Biden took office.
Posted by Big Scrub TX
Member since Dec 2013
33616 posts
Posted on 2/3/24 at 12:51 am to
quote:

I don't think any reasonable person believes these jobs reports are super accurate
They're accurate, not precise. As another poster explained, there's a tradeoff of precision for reporting basically real time info.

I don't think any reasonable person believes things are terrible when they so transparently are not.
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