You can't make this up:
The June and May jobs reports were just revised lower by an additional 29,000 jobs.
5 out of the last 6 jobs reports have now been revised LOWER, per ZeroHedge.
In fact, 10 out of the last 14 jobs reports have now been revised lower.
Not only is the unemployment now at a 3-year high, but revisions are the new normal.
Hundreds of thousands of jobs have been revised lower just in 2024 so far.
What is happening here?