"The estimates released by the Labor Department on Wednesday — after an uncharacteristic delay of more than half an hour — are preliminary and will not be finalized until February 2025."
To that end, “this is really just a counting issue” and a measurement issue versus a red flag about the health of the labor market, Torsten Slok, chief economist at Apollo Global Management, told CNN.
“160 million people have a job,” Slok said. ”Telling me that over the last 12 months it wasn’t 160 million, it was only 159.2 million is not making too much of a difference to how the Fed and financial markets are thinking about the economy.”
