
106. Fake Jobs Data & When Real Estate Deals Go Bad
Drunk Real Estate
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Unraveling Job Data Revisions
This chapter examines recent downward revisions in job reports, particularly within the healthcare sector, and their political and economic implications. The discussion includes the reaction from the Bureau of Labor Statistics, including personnel changes, and critiques the reliability of data collection methods. Highlighting unprecedented adjustments in job data since 2015, the speakers reflect on how these revisions might influence Federal Reserve decisions and affect market perceptions.
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