Is the Fed Getting Outdated Data from the Jobs Report?

Real Wealth Show: Real Estate Investing Podcast · Jun 22, 2024 · 25m

The jobs report for May was a surprise to the upside, with 272,000 new jobs. Wage growth also came in hotter than expected. Good news, right? But maybe it's not so good for the fight against inflation. It stokes fear among Fed officials that inflation could heat up again if they cut interest rates too soon. With so much weight given to those reports, just how accurate are they?

In this episode, José Torres will explain the jobs report and how the data varies depending on the method used to collect the information. As an economist with decades of high-level experience, he'll share other…