The U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported, according to the BLS revision. That's 30% less than the 2.9 million reported.
The U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported, according to the BLS revision. That's 30% less than the 2.9 million reported.
apnews.com Government: US economy added 818,000 fewer jobs than first reported in year that ended in March
The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government says.
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im no statistician, but im p sure that deviation is not due to random error
My hunch is, they’re prioritizing collection/analysis/reporting of new hiring information, while firing data gets backburnered. So it’s not until the audit way down the line that they go “oopsies, we over reported by 30%.”
p95 sure?
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