▲ | dragontamer 3 days ago | |||||||
> If there's a recent revision of BLS figures showing a correction of PLUS 900k jobs, I'd love to see it. I know right? It's like the new numbers from the BLS are shit or something. Trump fires the last guy, and then a month later they claim that Joe Biden lost 900,000++ jobs. A correction of this size that has never happened before. It's like firing the head of statistics ruins your reputation and intimidates the other accountants into making up numbers that favor your politics. | ||||||||
▲ | logifail 3 days ago | parent [-] | |||||||
Apologies but this isn't unique, nor has it anything specifically to do with the current POTUS. The US jobs figures has had huge revisions downwards before, for instance last year: https://seekingalpha.com/news/4142722-why-was-there-such-a-b... "There's still ongoing chatter about the huge revision to U.S. job growth seen yesterday and what it might signify for the economy and markets. 818,000 jobs were wiped out in the 12 months through March 2024 (or 68,000 per month), resulting in the biggest downward adjustment since the global financial crisis." | ||||||||
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