Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

27th Aug 2025 09:44USDaily Monitor

  • QCEW data up to Q4 2024 imply payrolls have been overestimated substantially; Q1 data will be weak too...
  • ...But QCEW data are revised too; the preliminary estimate of the benchmark revision is usually too downbeat.
  • The birth-death model has been too generous again; unauthorized workers also will be removed from the data.

PDF

This publication is only available to U.S. (Monitor) subscribers

Related Publications

No results...

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subscribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 29 August 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence