Steve Dustcircle ๐น#US. #payrolls rose 50,000 in December, less than expected; #unemployment rate falls to 4.4%
https://www.cnbc.com/2026/01/09/jobs-report-december-2025.html
Benjamin Carr, Ph.D. ๐จ๐ปโ๐ป๐งฌThe #JobMarket Is Hell
People are using ChatGPT to write applications; #HR is using #AI to read them; no one is getting #hired.
Profits are strong, jobless rate is 4.3%, and wages are climbing. But #payrolls have been essentially frozen for past 4mo. #Hiring rate has declined to its lowest point since recovery following Great Recession. Four years ago, employers were adding 4-5 workers for every 100 they had on the books, month in and month out. Now they are adding three.
https://www.theatlantic.com/ideas/archive/2025/09/job-market-hell/684133/
People are using ChatGPT to write applications; #HR is using #AI to read them; no one is getting #hired.
Profits are strong, jobless rate is 4.3%, and wages are climbing. But #payrolls have been essentially frozen for past 4mo. #Hiring rate has declined to its lowest point since recovery following Great Recession. Four years ago, employers were adding 4-5 workers for every 100 they had on the books, month in and month out. Now they are adding three.
https://www.theatlantic.com/ideas/archive/2025/09/job-market-hell/684133/
beSpacific#BureauofLaborStatistics revised nonfarm #payrolls downward by 911,000 jobs from March 2024-March 2025 in largest revision since records began in 2002. Revision suggests average monthly job growth was 76,000 lower than initially reported indicating a weaker #labor market than previously thought. WH criticized #BLS for its data collection methods called for new leadership to restore trust in BLS, while #economists say the revision could prompt the #FederalReserve to consider #interestrate cuts.
LilMikeSF
Don Curren ๐จ๐ฆ๐บ๐ฆ
Joseph Lim 
Data war risks creating false calm
"BLS #payrolls #data .. has been under scrutiny for years, not because of fears of bias, but because of low #survey #response rates & delays, which hv often resulted in large changes to past data. Te most recent report contained one of te biggest downward #revisions in decades.. What's more, similar questns abt #datacollection hv been lobbed at te #BLS regard'g its compilation of #monthly #consumer & #producer #price reports" #integrity
https://www.bangkokpost.com/opinion/opinion/3089191/data-war-risks-creating-false-calm
"BLS #payrolls #data .. has been under scrutiny for years, not because of fears of bias, but because of low #survey #response rates & delays, which hv often resulted in large changes to past data. Te most recent report contained one of te biggest downward #revisions in decades.. What's more, similar questns abt #datacollection hv been lobbed at te #BLS regard'g its compilation of #monthly #consumer & #producer #price reports" #integrity
https://www.bangkokpost.com/opinion/opinion/3089191/data-war-risks-creating-false-calm
1 CIBC: Canada's "other" #employment report continues to point to a weaker #labourmarket than the more commonly followed Labour Force Survey, supporting the case for more #interestrate cuts. Statistics Canada's Survey of Employment, #Payrolls and Hours ( #SEPH) posted a 6K drop in April โฆ๐งต
#cdnecon
2 CIBC: But there were also net negative revisions of 95K over the previous two months and the three-month average #job gain tally now sits at 135K, down from the 155K we thought last month.
#NFP #payrolls #jobsdata #employment #USEconomy
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1 CIBC: A spring chill came over the #US #jobmarket, with significant downward revisions to prior months. #Payrolls came in at a 139K pace in May, not far from expectations of 126K or the prior month reading of 147K
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#NFP #jobsdata #employment #usecon
Bloomberg: #Global #stockmarkets inched higher as #investors remained mostly on the sidelines ahead of Fridayโs #payrolls data. The #yield on #10-year #Treasuries rose to 4.37% as yesterdayโs rally faded. #markets