Based on this article about recent revisions to jobs numbers, by about 0.2% Archived Message
Posted by ATL on March 8, 2024, 8:49:03, in reply to "I wonder how far that will be revised down next month?*"
When spread through the prior year, that amounts to about 25,000 fewer net jobs added per month, meaning that the average monthly job gain for the 12 months ended in March 2023 was nearly 312,000 versus 337,000, BLS data shows. “The change is -0.2% and the average adjustment over the last 10 years has been 0.1%,” Chris Rupkey, economist with FwdBonds, wrote in a note Wednesday. “We don’t see any sign here that the labor market is secretly weak.” https://www.cnn.com/2023/08/23/economy/us-jobs-data-annual-revisions/index.html
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Message Thread: | This response ↓
- Ho hum, another 275k jobs added in February* - bucktownillini March 8, 2024, 8:30:12
- Layoffs are crazy, at least in tech / media. I got laid off and my wife’s best friend’s husband on - meanjeans March 8, 2024, 10:06:56
- Shit. Good luck.* - DT March 8, 2024, 18:07:20
- Sorry dude. Good luck. * - harb March 8, 2024, 17:20:46
- Sorry man. Good luck. * - illini March 8, 2024, 17:18:56
- Hey Bob, any update on your end?* - TarheelIllini March 8, 2024, 17:15:03
- I had the same in 2022…..you’ll find a good job - TarheelIllini March 8, 2024, 17:14:41
- oh man, sorry - Tooldresser March 8, 2024, 16:43:34
- FREEBIRD! - Tuscy March 8, 2024, 11:18:32
- Sorry to hear. Definitely a lot of layoffs but a decent amount of hiring as well - snipes824 March 8, 2024, 11:16:15
- My wife has been out for months. She was in tech sales - bjl63 March 8, 2024, 11:14:06
- Sorry man. I hope you’re in a position to make the most of a reset/chance to take a breath. - CWR10 March 8, 2024, 11:13:16
- Sorry to hear. Did your location affect this decision? I know it's tougher to lay off in CA vs. - ATL March 8, 2024, 11:07:38
- Two words: drinking buddy* - Sounder March 8, 2024, 11:06:11
- Sorry to hear that* - Carl Spackler March 8, 2024, 10:19:45
- I wonder how far that will be revised down next month?* - Tooldresser March 8, 2024, 8:41:35
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