Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(12,310 posts)
5. These revisions are for the 12 months through March 2025. 10 of these months are Biden months
Mon Sep 8, 2025, 08:37 PM
Sep 8

and only 2 are Trump months (February and March of 2025).

Economists say the revision, covering the 12-month period through March 2025,

In that count, I'm crediting Biden with January 2025, as he was president for 2/3 of the month. If one wants to be technically precise, 9 2/3 were Biden months and 2 1/3 were Trump months, a 4.14 : 1 ratio.

I don't know if they will show month-by-month numbers, I don't think so from something I read somewhere. In which case, we won't know how much of this were in the Biden months, and how much in the tRump months.

Anyway, expect the Trumpists to make a big hoo hah about these revisions, as well as calling this evidence that the job numbers are way off (on top of the downward 258,000 revision of May and June combined that we saw in the July report (released Aug 1). The one that he used as an excuse to fire the BLS commissioner.

And with this upcoming big downward revision, no doubt they will be accusing the BLS of intentionally having made the Biden/Harris numbers look good before the 2024 election.

Here's a Bloomberg story that also shows a bar chart of the last 10 of these annual revisions.
https://finance.yahoo.com/news/another-us-jobs-markdown-sets-100000691.html

Recommendations

2 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Major jobs revision Tuesd...»Reply #5