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Bloomberg Businessweek
Fed Confronts Up to a Million US Jobs Vanishing in Revision
Aug 20, 2024
Stuart Paul, an economist with keen insights into US job growth, reveals shocking downward revisions in employment figures and how they impact Federal Reserve policy. Hannah Miller, a media reporter, discusses the surprising strategy of Democrats engaging with Fox News as they aim for undecided voters ahead of the presidential election. The duo delves into the credibility issues faced by labor statistics while exploring the evolving media landscape and the significance of representation in marketing strategies.
32:55
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Quick takeaways
- Recent revisions to US job growth estimates may reveal a downward adjustment of up to 800,000 jobs, impacting Federal Reserve's economic strategies.
- Democratic politicians are leveraging Fox News to engage undecided voters, reflecting a shift in political outreach strategies ahead of elections.
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