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re: Ouch! 275k Jobs Added in February

Posted on 3/8/24 at 8:07 am to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 3/8/24 at 8:07 am to
quote:

January numbers were revised down from 353k to 229k


This is the best part of this

Rate cuts are back on the table for May
Posted by TheWalrus
Member since Dec 2012
40749 posts
Posted on 3/8/24 at 9:38 am to
I’d understand revising it by a few thousand jobs but how the hell are the initial numbers that far off?
Posted by Hateradedrink
Member since May 2023
1308 posts
Posted on 3/8/24 at 12:16 pm to
quote:

This is the best part of this


I read another article somewhere that indicated “hours scheduled” is at near-recession levels.

That is to say, there are a lot of jobs but hours are being cut. So, I think rate cuts may indeed become more likely.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 3/8/24 at 4:05 pm to
It’s only a 31% miss what’s the big deal??
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