Friday was a good day for U.S. economic news, at least on the employment front. The Bureau of Labor Statistics reported the country added 678,000 jobs in February, and that’s coming off of 2021’s run of good reports.
But before anyone runs around trumpeting that number, it might be better to see what the “revised” figures look like next month — and beyond. Because the last year has shown just how hard it is to get a handle on the economy in a world dominated by a global pandemic. …
The last year has brought some massive revisions — up and down — to the monthly jobs numbers that are released the first Friday after the preceding month. CONTINUED
Dante Chinni, NBC News
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