Recent employment figures have raised some eyebrows in market circles. October saw a decline of 68,000 jobs, followed by a more modest 8,000-job drop in November. The volatility here points to a broader concern: we need the Bureau of Labor Statistics to tighten up their methodology and deliver more consistent numbers. Until these official employment data streams become more dependable, traders and investors will struggle to get a clear read on labor market strength.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
8
Repost
Share
Comment
0/400
LightningHarvester
· 20h ago
ngl, these data fluctuations are just too crazy. Dropped 68,000 in October, only 8,000 in November... Anyone would be stunned by this.
View OriginalReply0
YieldWhisperer
· 01-10 19:37
ngl the bls methodology is basically a ponzi detector at this point... actually the math doesn't check out with these swings
Reply0
Ser_APY_2000
· 01-10 13:33
ngl, these data fluctuations are too extreme... dropping from 68k to 8k, BLS needs to thoroughly review its methodology, or who will believe?
View OriginalReply0
SchroedingerAirdrop
· 01-10 01:55
With this data fluctuation, BLS needs to review its lessons carefully, or else everyone will be guessing blindly.
View OriginalReply0
SerumSqueezer
· 01-10 01:53
The BLS data is really terrible. With such huge fluctuations, how can you trade? It feels like they're just making up stories.
View OriginalReply0
GasFeeCryBaby
· 01-10 01:51
BLS is starting to tank again, with data plunging so sharply, how can we believe it?
View OriginalReply0
SelfMadeRuggee
· 01-10 01:45
Labor force data is so volatile; the BLS needs to seriously reconsider its methodology...
View OriginalReply0
BlockBargainHunter
· 01-10 01:38
With data so volatile, what is BLS playing at? How are we supposed to buy the dip?
Recent employment figures have raised some eyebrows in market circles. October saw a decline of 68,000 jobs, followed by a more modest 8,000-job drop in November. The volatility here points to a broader concern: we need the Bureau of Labor Statistics to tighten up their methodology and deliver more consistent numbers. Until these official employment data streams become more dependable, traders and investors will struggle to get a clear read on labor market strength.