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Wiz Imp

(9,392 posts)
24. It's a sample based estimate. As such it is subject to several types of statistical error.
Wed Feb 11, 2026, 11:43 AM
15 hrs ago

Last edited Wed Feb 11, 2026, 12:50 PM - Edit history (1)

Such as non-response error. The sample is constructed to maximize the accuracy at 100% response. Response rates to this survey are far below that. The lower the response, the less accurate the estimates are likely to be.

There is also response error. Some employers report innacurate data.

There is also sampling error, which is directly related to sample size, with smaller industries having higher relative standard errors.

And there is a birth-death model which is used in addition to the sample to attempt to capture movements of new businesses which are too new to have been selected into the sample. The birth-death model is generally based on historical trends, and thus has a tendency to be off target during turning points in the economy.

All of these combined (plus other types of statistical error) can cause data to be less accurate than ideal. These errors do tend to be greatest during economic turning points which we are clearly at now.

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

I am getting a spoof warning for the bls link provided. Hugin 18 hrs ago #1
The copy/paste text version doesn't run it into the tag like the Xitter post BumRushDaShow 18 hrs ago #4
It's missing the "www"... Hugin 18 hrs ago #5
It's not normally required as a DNS would usually have different variations to refer back to BumRushDaShow 16 hrs ago #14
They are using a wildcard certificate for encryption instead of using a proper server name Tim S 17 hrs ago #7
https://www.bls.gov/news.release/archives/empsit_02112026.htm Works... Hugin 17 hrs ago #11
I call bullshit n/t gilpo 18 hrs ago #2
Same Rebl2 15 hrs ago #20
I bet it will be revised down, anemic as it is. nt SunSeeker 18 hrs ago #3
I can't trust BLS info with Trump and Vought in control. Are they being diddled? CousinIT 17 hrs ago #6
Exactly. Previous BLS Admin was fired for allowing unfavorable numbers to be published...... groundloop 17 hrs ago #8
BLS data continues to be legit. As 30+ year employee on the CES program I can vouch for that. Wiz Imp 16 hrs ago #15
Good to hear. Thank you. mahina 15 hrs ago #19
It's a sample based estimate. As such it is subject to several types of statistical error. Wiz Imp 15 hrs ago #24
Thank you. mahina 14 hrs ago #28
That's really hard to predict. But given Trump's complete lack of understanding Wiz Imp 14 hrs ago #30
You cannot guarantee that someone moniss 15 hrs ago #22
Yes I can. The acting Commissioner of BLS (Bill Wiatroski) would immediately Wiz Imp 15 hrs ago #23
You missed the point of my post entirely. nt moniss 14 hrs ago #26
🙄 Wiz Imp 14 hrs ago #29
The markets will roar upward until UpInArms 17 hrs ago #9
BLS is no longer reliable or truthful Miguelito Loveless 17 hrs ago #10
Completely wrong Wiz Imp 16 hrs ago #13
Bullshit. travelingthrulife 17 hrs ago #12
and like all the other jobs number, it will quietly be revised down in a month or two. nt Javaman 16 hrs ago #16
When Rebl2 15 hrs ago #21
Oh the numbers had been released with the down revised number Javaman 4 hrs ago #37
Seize the ballots and recount, by someone who can, well, count. twodogsbarking 16 hrs ago #17
I Rebl2 16 hrs ago #18
Previous 2 months were revised down by a combined 17,000 progree 15 hrs ago #25
And the jobs numbers for 2025 were revised to LESS THAN HALF of what was originally stated. SunSeeker 12 hrs ago #31
Can we trust numbers provided by Trump and his stooges? I don't think so. Norrrm 14 hrs ago #27
MaddowBlog-New report shows 2025 was even worse for U.S. job market than we thought LetMyPeopleVote 11 hrs ago #32
"Reducing trust in government in general is very bad for progressive causes and ultimately great for the populist right. mahatmakanejeeves 10 hrs ago #33
"Person who was fired here - you should still trust BLS data." mahatmakanejeeves 10 hrs ago #34
Reality: 800,000+ layoffs this year -- the worst YTD since 2020, per nonpartisan analysts. LetMyPeopleVote 9 hrs ago #35
I'd buy that for a dollar! Strelnikov_ 7 hrs ago #36
Latest Discussions»Latest Breaking News»U.S. payrolls rose by 130...»Reply #24