To say that the Philadelphia Fed took the BLS to the woodshed over its appallingly inaccurate Employment Situation reports for the second quarter of the year would be something of an understatement. By eliminating over 1 million created jobs from the BLS reports with just a few sentences, the Philadelphia Fed put the BLS in quite the embarrassing position.
Why Is The BLS Jobs Report So Broken?
Why Is The BLS Jobs Report So Broken?
Why Is The BLS Jobs Report So Broken?
To say that the Philadelphia Fed took the BLS to the woodshed over its appallingly inaccurate Employment Situation reports for the second quarter of the year would be something of an understatement. By eliminating over 1 million created jobs from the BLS reports with just a few sentences, the Philadelphia Fed put the BLS in quite the embarrassing position.