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BREAKING: Payroll Data Was an Absolute DISASTER

Author
Jeff Snider
Published
Sat 08 Feb 2025
Episode Link
https://share.transistor.fm/s/56014edb

Complete mess. Payrolls revised massively lower. The govt discovers three million people and assumes two million were employed this whole time. More important than those, hours are shrinking to the point the average workweek is the lowest its been since MARCH 2020. Strong and resilient, as always. 

Eurodollar University's Money & Macro Analysis

BLS Employment Situation
https://www.bls.gov/news.release/empsit.nr0.htm

BLS Adjustments to Household Survey Population Estimates in January 2025
https://www.bls.gov/web/empsit/cps-pop-control-adjustments.pdf

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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