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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Saulamanca who wrote (47549)9/9/2025 11:38:31 AM
From: Saulamanca  Respond to of 50794
 
EJ Antoni called the downward jobs revisions, released today, way back on February 7th. He saw way back then that the data was being cooked in 2024. EJ Antoni has just been nominated by President Trump to become the new Commissioner in charge of the Bureau of Labor Statistics.

The BLS revisions expose a systemic rot in federal data integrity—exactly why leadership shakeups are non-negotiable. Antoni’s February warning about cooked 2024 numbers proved prescient, with average monthly revisions slashing 626k jobs. This isn’t statistical noise—it’s institutional failure. The Philadelphia Fed’s early benchmark projections confirm deeper rot, validating Antoni’s critique of BLS methodologies.