Trading Alpha

Jobs Report: A Sliver of Optimism

Interesting article until one remembers the BLS tends to only report about 2/3 of the actual job losses in the initial report. If the same type of revisions that occurred in Sept - Nov happen to December, the final number is more apt to be upper 700s. How would the market have reacted if BLS could accurately report the numbers?

So what I think you are saying is the economists are now no worse than the government. That is reassuring.