Huge Upward Adjustment to Employment & Labor Force as Wave of Immigrants is Finally Included, Unemployment Drops, Wage Growth Accelerates: The Annual Revisions Are Here
wolfstreet.com/2025/02/07/huge-upward-adjustment-of-employment-labor-force-as-wave-of-immigrants-is-finally-included-unemployment-drops-wage-growth-accelerates-the-annual-revisions-are-here
The Fed, after complaining about missing immigrants in labor market data, now has further support for its pivot to wait-and-see.
By Wolf Richter for WOLF STREET.
We’ve been discussing this issue – and its impact on employment data – since April after the Congressional Budget Office came…
This story appeared on wolfstreet.com, 2025-02-07 19:52:31.