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by darth_avocado 2 days ago
It’s so frustrating that someone with a title of “Chief Economist” puts things like this out there.

Job numbers get revised every month, in a negative direction.

New grad unemployment is high and trending higher.

New jobs exclusively are held up by addition in healthcare industry, almost every other sector is seeing some negative movement.

A lot of job openings, a good chunk of them, are just fake jobs where the company has no intention of filling them.

Pretty bold for someone to ignore all of that and come up with a claim like that.

1 comments

There are upward and downward revisions this year at least, it seems like a mixed bag with many policies juicing the economy. [1]

Job opportunities differ by state and de-growth hostility to business policies and crony investments. Where I am, layoffs and offshoring continues. I hear new grads are increasingly opting for the skilled trades, which is interesting given they aren't getting use out of their degrees.

[1] https://www.bls.gov/web/empsit/cesnaicsrev.htm#2026

> There are upward and downward revisions this year at least, it seems like a mixed bag with many policies juicing the economy

Since Jan 2025, the only two upward revisions have been in the last 3 months. So we’re both correct here. This year (3 months of data), has been a mixed bag. But on a longer time horizon (last 6, 9, 12 months) the revisions have mostly been negative.

Yes, I hope I didn't contradict you, the economy has been shite. Was just trying to leave a positive note on recent developments that will continue, God willing.