Episode 33: Jobs Data: First Draft or Final Word?

The Bureau of Labor Statistics (BLS) drew a great deal of attention in August with jobs number revisions for May and June far below the projected job growth. Additionally, with cuts to their consumer price data collection, Nathan, Brent, and Steve thought it would be worth the time to explore how these numbers are collected, the problems people will make in interpreting them, and whether there’s cause for concern on the nature of data collection by the government going forward.

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