Bekok nonfarm payroll revision adjustment

Ya, our economy is very very strong and resilient, so long as you are overstating our jobs by about 1,000,000, I don't know, you judge
the economy is booming, the labour market is on fire, we have too many jobs and not enough workers, sound familiar we so often heard

whenever politicians and their cronies open their mouth, just masturbate into it

So that can justify the rate cut and carry on the goldilocks until 2028 mah

The BLS has recently released an updated revision, indicating a significant decline in the labor market. Specifically, the latest figures show a decrease from approximately 911,000 to nearly 1 million jobs lost. This decline is particularly concerning, as the economy relies heavily on internal personnel consumption, accounting for around 70% of GDP. This contraction in the labor market is a key indicator of a slowing economy, as it suggests a decrease in purchasing power and demand. As a result, we can expect a decrease in economic activity, which may ultimately lead to a recession. Furthermore, the current economic conditions may create a self-reinforcing cycle, often referred to as a "doom loop," where high unemployment leads to reduced spending, decreased company profits, and subsequent layoffs, resulting in even higher unemployment rates.