When the US Bureau of Labor Statistics revised down May and June jobs data by more than 250,000 in August, Simona Mocuta, chief economist at State Street Investment Management, was unsurprised.
May’s non-farm payroll numbers had seemed to her so obviously wrong when released that Mocuta wrote a note on June 6 pointing out the “striking” similarity between jobs estimates and the previous month’s numbers. She speculated that the BLS figures contained a high degree of guesswork.
In response to the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com
You are currently unable to print this content. Please contact info@fx-markets.com to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Most read articles loading...
Back to Top
English (US) ·