Here is their methodology on Employment projections. They have methodology explanations for each PFEI/release. https://www.bls.gov/opub/hom/emp/home.htm They have always had revisions. They are just larger now because of changes to the labor market. They acknowledge this problem and are trying to address it but they have also lost 20% of their staff. |
| Hey, now the U.S. can pay to improve Iran’s infrastructure since Trump lost the war nobody wanted him to start! |
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https://bsky.app/profile/atrupar.com/post/3miz4wxfqv32o
Kudlow to Hassett: "The unemployment rate is 4.3%, for heaven's sake! That's a boom, for God's sake!" (The unemployment rate was 4% when Biden left office and yet, trump claims he inherited a mess) |
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GDP very weak in Q4.. now just 0.5%
Core PCE Price Index fell to 3.0% in Feb... steady since 2023 February Personal Income actually fell 0.1%; just the second negative print since late 2021 |
| US inflation rose to 3.3% in March, the highest since May 2024, as the surge in energy prices triggered by the Iran war ricocheted across the world’s biggest economy |
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-Gasoline CPI up the most on record
-Supercore CPI MoM +0.18%, now 3.14% YoY |