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Three must-knows from today's big-deal jobs report

Summary by slowboring.com

This morning we got the jobs report we’ve been waiting for, with the annual benchmark revision to the payroll survey and the annual population adjustment to the household survey. The big news from this jobs report is not the month-to-month changes, but rather how the revisions and adjustments shift our underlying view of the labor market. The first thing to know is that the job market is cooler than previously reported. As foreshadowed last Augu…

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Three must-knows from today's big-deal jobs report

This morning we got the jobs report we’ve been waiting for, with the annual benchmark revision to the payroll survey and the annual population adjustment to the household survey. The big news from this jobs report is not the month-to-month changes, but rather how the revisions and adjustments shift our underlying view of the labor market. The first thing to know is that the job market is cooler than previously reported. As foreshadowed last Augu…

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slowboring.com broke the news in 15 days ago on Friday, February 7, 2025.

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