SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1553106)8/18/2025 1:29:27 PM
From: combjelly2 Recommendations

Recommended By
pocotrader
Tenchusatsu

  Read Replies (1) | Respond to of 1570096
 
I guess you missed the adjustments to the jobs report. And the significance of the adjustments. Those adjustments were because the companies who tend to file late, small and mid-sized businesses, are also the most sensitive to bobbles in the economy. The surveys from the larger companies were tracking with the economic models, hence the forecasts when released. As the later reports trickled in, from smaller companies mind you, the results were very different, because smaller companies see the changes first. So the results got adjusted. This often happens when there is some fundamental shift in the economy. Up or down. Now sometimes that shift is transitory and never propagates into the wider economy to a significant extent. But shifts of this magnitude rarely are. And remember, we still don't have a complete picture. but it sure looks like the job market took a major shotgun blast to the gut on a timescale that is coincident with the chaos injected by on again, off again tariffs. Tariffs alone are bad enough, but now we have them, now we don't is much, much worse. Small businesses can't afford that for long.

The BLS adjustments always happen. Normally, the adjustments are small and the third one, the one with the most accurate numbers, is usually only slightly different than the first. When they aren't, you should pay attention if you want to live up to your namesake.