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To Err Is Human, To Revise Divine

NPR

Every month, the Labor Department gives us the latest read on how many jobs the economy is creating. That figure has huge influence — it can move stock markets and interest rates — and it can also be way, way off. Today, we talk to an economist who used to help put out the monthly jobs report. She explains how to read that number, which indicator might be better to look at...and why some people might need to calm down about jobs day.

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Copyright 2021 NPR. To see more, visit https://www.npr.org.

Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.
Danielle Kurtzleben is a political correspondent assigned to NPR's Washington Desk. She appears on NPR shows, writes for the web, and is a regular on The NPR Politics Podcast. She is covering the 2020 presidential election, with particular focuses on on economic policy and gender politics.