Jobs: QCEW Shows 2024 Job Reports were the Biggest Overstatement in 15 years
Exploring Finance | SchiffGold | 05 Jul, 2025
The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on.
Current Trends
The jobs report showed a modest increase of 147k jobs. While that was a decent showing, the Household Survey only showed a gain 93k.
birth death model
BLS
economic slowdown
employment data
full-time vs part-time
Household Survey
inflation
job revisions
jobs report
labor market
QCEW