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Bad data leads to bad decisions
It was a busy week and one of the things I missed was a report from the Philadelphia Fed's research department that questioned non-farm payrolls numbers.
The report focuses on the March-June period and compares the comprehensive quarterly data against the usual monthly release. It's not a small change:
In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs esti... Read More
Posted: Dec 16 2022, 20:16
Author Name: forexlive
Views: 110672