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Bernardo de La Paz

(58,450 posts)
3. I had the same reaction. It is not an extreme change, but
Wed Sep 3, 2025, 11:24 AM
Sep 3

... but the figure is in a group of three in the past year that are just about the same and significantly lower than the other nine. So it is not a big signal in any way, but it could be a prelude to more weakness being revealed.

I heard an analysis that said the internal data to the deliverance of the overall number indicated there was a bit of reduction in the demand for labour, but I didn't understand it well enough to remember how the conclusion was arrived at or exactly what it means.

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