David Rosenberg: Is A Jobs Shock About To Hit?
Thoughtful Money with Adam Taggart
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Interpreting Economic Data and Employment Statistics
Exploring the challenges of analyzing employment data, this chapter uncovers discrepancies in various sources like QCEW and non-farm payrolls. It scrutinizes the accuracy of government data and its implications on policy decisions, cautioning about potential overstatements in income and job numbers. The discussion also delves into economic indicators, the Fed's reliance on data, and the nuances of inflation analysis, highlighting the disconnect between statistics and reality.
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