On Friday, Andy joined Maria Bartiromo and Steve Forbes to analyze September’s “blockbuster” jobs report. While he acknowledged the positive numbers, Andy expressed growing skepticism about the survey’s reliability. He noted that the Bureau of Labor Statistics (BLS) is underfunded, which raises questions about the accuracy of the data. Recent revisions to previous reports revealed that more jobs were added than initially reported— July saw an increase of 55,000 jobs, while August's numbers were revised up by 17,000.
The discussion also touched on the tentative port strike deal. Andy pointed out, somewhat sarcastically, the Longshoremen's remarkable timing: their contract is set to expire just a month before the election, and if an agreement is not reached, a strike could happen a week before inauguration.
Overall, the conversation underscored the complexities behind the jobs report and the broader implications for the labor landscape as we approach the election.
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