r/Stocks Daily Discussion & Fundamentals Friday Sep 04, 2026
u/AutoModerator ·
Reddit — r/stocks
· September 04, 2026 at 09:30
· ⬆ 8 pts
· 💬 18 comments
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AI Summary
Summary
The sole top comment is skeptical of the strong September jobs report, citing Wendy Edelberg’s view that payroll data will likely be revised down sharply.
Commenter notes real wage growth is declining and U.S. population growth does not support the reported payroll expansion.
Dominant tone is macro bearish on the labor market and the reliability of official jobs data.
Score8
Comments18
▶ Full Post Text
[+9] u/AJ_Grey: Wendy Edelberg did not mince words on this jobs report. Basically said the numbers don't match the data. Real wage growth is down. The data from the states suggests the number earlier in the year will need to be revised down by some 40% Thinks this strong payroll numbers are absolutely going to be revised down. We don't have the population growth to support this kind of payroll growth.
Damn..