Advertisement
Canada markets closed
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7300
    -0.0021 (-0.28%)
     
  • CRUDE OIL

    82.82
    -0.54 (-0.65%)
     
  • Bitcoin CAD

    87,873.53
    -3,057.27 (-3.36%)
     
  • CMC Crypto 200

    1,385.35
    -38.75 (-2.72%)
     
  • GOLD FUTURES

    2,328.90
    -13.20 (-0.56%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,510.00
    -96.75 (-0.55%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6820
    -0.0016 (-0.23%)
     

Why the BLS jobs report is the perfect example of fake news

There's a lot of information to digest in these monthly BLS reports and they tend to be very volatile, with the headline numbers frequently veering far from the consensus estimates. Then you have the revisions and more revisions.