Messy Jobs Report Beats Expectations With Big Downward Revs
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Messy Jobs Report Beats Expectations With Big Downward Revs
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About this listen
The Nonfarm payrolls for the month of January is a hot mess, as expected. The headline jobs added for the month beat expectations but was accompanied by a massive downward revision to previously reported numbers from 2025 as part of the annual benchmark revisions. The market is struggling to digest these numbers and what it means for asset prices.
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