The devil, of course, is in the details, and Goldman Sachs – anticipating the sizable downward adjustment – earlier this week explained why the revisions themselves were as likely as the originally reported numbers to be erroneous. The true monthly pace of jobs growth, according to the bank, is likely to have been 200,000-240,000, a perfectly acceptable number in a growing economy.
Related posts
-
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF... -
Bitcoin Open Interest Soars As Top Crypto Breaks $76,000
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s... -
Bitcoin Price Keeps Rising: BTC Tops $75,000 and Pepe Unchained ICO Reaches $25.5 Million
Bitcoin (BTC) smashed through $76,000 yesterday and has remained above this key threshold following Trump’s election...