What’s YOUR interpretation?
Did the BLS botch the numbers? Because if it purposely reported false, lower jobs numbers, it actually strengthened the administration’s argument for lower rates.
Recall that every time in Dem administrations that there are downward data revisions everyone on FR squeals “oooh! they hid the weakness in the revisions.”
Yup.
You can get all the data - both raw inputs and normalized outputs - easily enough (https://www.bls.gov/developers/home.htm).
I can get monthly data back to 1979.
Pay me enough to make it worth my time and I suppose I could also do some Bloomberg Terminal checks (or Thompson or Lexis) comparisons to prove that yeah:
1) Nobody is cooking any books and
2) There actually isn’t any kind of partisan pattern to over/under preliminaries vs revised numbers
But... my time is valuable. So, you know... put say, $20k in escrow account and sure... I’ll build you a Kibana dashboard or something.