Samuel Tombs, chief US economist at Pantheon Macroeconomics, cast doubt on the latest jobs reading – and suggested it would likely be revised. “September’s spike in payrolls goes against the grain of a wide range of indicators pointing to a continued pullback in hiring,” he said. “The extremely low response rate to the payroll survey waves a red flag.”
From: The Guardian
Finally, they began to question the government's numbers... Finally. 🤔😅
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In Brazil, something similar happened recently. The numbers of job vacancies filled exceeded expectations. But unemployment claims have risen 🤡
What is the point of this? More jobs, and in the same month we ask for higher unemployment insurance? That's it close in the green 🟩
It doesn't make sense.
No it much in Brazil makes sense. Obrigado!
