2026-08-07 12:34 UTC
Under the hood, warehouse clubs/supercenters/etc cut 20k+ employees MoM...one of the larger industry job losses. I am confident that number is wrong.
Bars and restaurants were another standout, -26.1k MoM. Hard to believe as well but at least possible.
Final notable: state/local education -49k
Replies (1)
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@peark.es@bsky.brid.gy 2026-08-07 12:37
You can discount claims significantly (which is silly, you shouldn't) and even with that haircut the July hard count of filings or people continuing to receive benefits mean the sample-based CES job creation number is impossible. Not implausible...impossible. RE: https://bsky.app/profile/did:plc:6hg35ebaq2cgm4wsmmgxfdtg/post/3msiktv2irk2b