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Author: WatchingTheHerd ✸ HONORARY
SHREWD   😊 😞
Number: of 48437 
Subject: Re: US Jobs Report - revised down 818,000
Date: 08/21/2024 4:12 PM
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But there is no employee-level data in those payments.

Well, that explains it. We are idiots. I can think of far more intrusive information the government could demand than seeing my income / hours per paycheck. They're GOING to know the total income amount by the end of quarter anyway. The VALUE of this data to understanding the economy is VAST and all of the information is right there. It would likely take little effort to alter the report format sent to the IRS and run the jobs weekly rather than quarterly.

Frustrating.


WTH
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