Frustrating' Revisions to Jobs Data Slow Wall Street Trading Summary: Information is the most valuable commodity that a financial professional has, but what happens when that information is unreliable? This is a reality that we are currently facing. Jobs numbers are an important economic indicator because they make up 50% of the Fed's dual mandate of maximizing employment and keeping prices stable. If we are not adding jobs, there is a decrease in business investment, a decrease in the velocity of money, and therefore the Fed will likely decrease rates to spur economic growth. Currently, a strong job market is the last vestige of a functioning economy. However, we are seeing big job announcements, followed by revisions lower. This year, it is the first time revisions have been negative every month through July dating back to 1979. So it begs the question, if we can't use the releases to make investment strategy decisions because they are unreliable, how valuable is the information