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The Kobeissi Letter
The Kobeissi Letter
Sep 6, 23:59·
It's worse than you think: After a SECOND data revision, the US went from "adding" 147,000 jobs in June 2025, to LOSING -13,000 jobs. Cumulative payrolls have now officially been revised down by -1.1 MILLION jobs since February 2022. What is happening here? (a thread)
1.6M