this post was submitted on 15 Mar 2024
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US gov had to correct their job numbers to admit that nearly all of their "new jobs" in California were non-existent (media.mas.to)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 18 points 8 months ago

It's interesting to note that the household survey tracked the revised numbers more closely than the preliminary data (final graph in report). There has been a lot of handwringing about why people are unhappy with the economy while economic indicators look good, and perhaps this sheds some insight.