The Invisible Hand

How Economic Data Actually Gets Collected (And Why It's Breaking Down)

23:17

Audio file

What if the economic data we use to decide if we're in a recession is basically broken? In this episode, Emma Reid reveals how government surveys that track jobs and unemployment are getting harder to trust, and why that 818,000 job revision in 2024 was just the tip of the iceberg. 🎯 What You'll Learn: • Why survey response rates crashed from 70% to barely 30% (and what that means for your…