Is the Government Getting It All Wrong on Jobs?

Real Estate News: Real Estate Investing Podcast

The monthly jobs report on hiring is a critical piece of economic data, but it is almost always overstated, and lately, significantly overstated. Out of the last 17 months, the government posted substantial revisions for 15 months. So why is this happening and how does it impact our view of the economy and the Federal Reserve’s decision on rate cuts?

Hi I’m Kathy Fettke and this is Real Estate News for Investors. I’d like to take a moment to invite you to my 2024 Mid-Year Economic Update with economist John Chang. We'll be sharing our thoughts on the economy and the housing market during a free webinar on July 25th. You'll find a link to register below. We’ll have a Q&A at the end so remember to bring your questions!

References: https://www.marketwatch.com/story/jobs-report-is-exaggerating-u-s-employment-gains-what-is-going-on-6efcd6b7 Links: ~~~~ Register for the webinar: https://attendee.gotowebinar.com/register/489691033155567445

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