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0cf8612b2e1e 3 days ago

Nate Silver has a previous analysis of this data

https://www.natesilver.net/p/trumps-jobs-data-denialism-wont...

The monthly revisions are historically all over the place, up and down. My 2024 count says six months were revised up and six were revised down.

daymanstep 3 days ago | parent [-]

The downward revisions were overall a lot bigger than the upward revisions. BLS methodology causes it to get data from larger companies first, and this tends to systemically bias it towards downward revisions