And the beat goes on: “Experts” off by 100,000 in September jobs forecast

 

Top headline: Morningstar, 10/2/2024

Bottom headline:   CNN, 10/4/2024

US job growth surged in September, blowing past expectations and providing solid reassurance for the ongoing stability of the labor market.

Why does anyone listen to these guys?

Over and over again they miss the mark:

2024

Its just one big surprise party after another for dismal egghead economists.  (6/9)

Dear Sam, Your plate of crow is ready. Best, Retiring Guy.  (6/7)

Dear USA economists, Your plates of crow are ready.  Best, Retiring Guy.  (6/7)

Why are we still listening to economists?  Apparently, they don't know shit!  (4/8)

No wonder they call it the dismal science. (1/25)

When it comes to job growth during Biden's administration, so-called experts get it wrong over and over and over again.  (1/5)

2023

If these so-called experts are so smart, why are they always wrong?  (10/7)