February Jobs Report came in with a dissappointing loss of 92,000 jobs.

The February jobs report was released earlier this morning and it was not good. There was a massive 222,000 job swing from January (+130,000 Jobs increase in January), to a 92k contraction. This was not the resilient headline everyone was expecting. With unemployment bumping up to 4.4%, the conversation is shifting from “how long will The Fed pause" to "how soon will they cut." The soft landing argument for a strong jobs market with still elevated interest rates just got a lot bumpier. Here’s my question. What will next months’s revisions be? These changed numbers from the previous month’s reported numbers are getting out of hand. They’re grossly inaccurate.

Why not use blockchain technology for a more accurate jobs report reading? 🤷🏾‍♂️

#GoreReport #GoreClips #JobsReport #UnemploymentRate #Healthcare #Manufacturing #Wages #InterestRates #FederalReserve