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 ...
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Jobs: QCEW Shows Further Evidence Of Wildly Inaccurate Headline Report