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home / news releases / SSPY - Jobs: QCEW Shows Further Evidence Of Wildly Inaccurate Headline Report

SSPY - Jobs: QCEW Shows Further Evidence Of Wildly Inaccurate Headline Report

Syntax Stratified LargeCap

2024-07-06 06:05:00 ET

Summary

  • The analysis below covers the Employment picture released on the first Friday of every month.
  • The BLS reported a gain of 206k jobs, which was above expectations.
  • Halfway through the year, the total jobs from the Household Survey represent just 1.3% of the jobs reported by the Headline Report.
  • Headline numbers continue to show moderate strength but the Household Survey and QCEW tell an entirely different story.

Originally published on July 05, 2024

By SchiffGold ...

For further details see:

Jobs: QCEW Shows Further Evidence Of Wildly Inaccurate Headline Report
Stock Information
Company Name: Syntax Stratified LargeCap
Stock Symbol: SSPY
Market: NYSE
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