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Employment increases by 172,000 in May; unemployment rate unchanged at 4.3%
- khriss 5mo agoThe bulk of the gains (~70%) were in Leisure and hospitality (+70k) Health care (+35k), and Social assistance (+12k) Not exactly great news for the medium to long term.
- xrd 5mo agoLast year's gains of 1.5M jobs created was revised down to just 150k. Can anyone explain to me why that happened and why this isn't the same? https://www.msn.com/en-us/money/markets/largest-jobs-revision-in-a-decade-wipes-out-1-million-positions-as-trump-celebrates-strong-january-gains/ar-AA1We5Zl https://www.msn.com/en-us/money/markets/largest-jobs-revisio...
- HWR_14 5mo agoThere are multiple data sources. The faster ones are less accurate than the ones with more lag time, so the governments policy has always been to use the fastest data and modify it as better data comes in.