Startups compete to be first to predict the next recession

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On the first Friday of each month, Tara Sinclair wakes at 5:30 in the morning with one thing on her mind: non-farm payrolls

Sinclair, an economist in Washington D.C., starts her day on Twitter, scanning the flurry of tweets from professionals and amateurs using hashtags like #NFPguesses to guess how many jobs were added to the labor market. She brews a cup of coffee and goes for a run, all while thinking about the U.S. unemployment rate. Around 7:00 am, she walks the short distance from her apartment in the infamous Watergate complex to her office. There she waits eagerly for the big report to drop. Read more…

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