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Essential

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The Idiot and the Expert

What Is Nonfarm Payrolls Data Worth?

Basically, the numbers are both stale and inaccurate.

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Featuring Roger Hirst and Damian Horner

Nov 05, 2022 • 2 minutes

U.S. equity indexes reacted positively to October nonfarm payrolls data on Friday. But does this report tell us much about the current state of the economy, considering it’s backward-looking and subject to revision?

Simple finance questions from an Idiot to an Expert. And it's only one minute long.

Simple finance questions from an Idiot to an Expert. And it's only one minute long.

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