A Real Scorcher

The US economy added more than half a million jobs in January, hotly anticipated government data released on Friday showed. No economist out of more than six-dozen who ventured a guess was anywhere close. The highest estimate from 77 forecasters was 320,000. The 517,000 headline print nearly tripled consensus. The release included a number of revisions. The establishment survey reflected the annual benchmarking process and an update to the seasonal adjustment factors. The household survey for

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2 thoughts on “A Real Scorcher

  1. All things considered , we could start to use the words ‘soothsayer’, astrology chart reader’ , ‘goat entrails diviner’ instead of ”economists’ , and that would fit the reality equally as well.

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