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To: new yorker 77

Ok - so has BLS and DOL changed the way they seasonally adjust the numbers lately?

It had been the first two reports for a month were preliminary, so each month would be revised a total of two times. In a growing economy, it hadn't been unusual to see upward revisions the first time, then slightly downward the next.

Now for this report, nov-dec growth was revised upward by 32k, oct-nov was revised downward by 49k, but they've gone back and revised the september and october job numbers *downward* from their supposed final numbers of last month. More specifically, they moved the october report down 178k and september down 190k.

Not trying to throw doom and gloom, but I've never seen them do this before. Maybe I've never noticed this before and its just my own oversight... :)


36 posted on 02/03/2006 6:13:21 AM PST by eraser2005
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To: eraser2005

Oops.... that should have read "oct-nov was revised upwward by 49k)... they did revise september and october downward, though.. had that right... but I've never seen them revise numbers this far after the fact before...


57 posted on 02/03/2006 6:59:51 AM PST by eraser2005
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To: eraser2005
"Now for this report, nov-dec growth was revised upward by 32k, oct-nov was revised downward by 49k, but they've gone back and revised the september and october job numbers *downward* from their supposed final numbers of last month.

I get a different result using my data source of Dow Jones Newswires.

The employment report issued today revised the Dec jobs number upward +32k and revised the Nov jobs number upward +49k. The total revision upward in today's report for Nov-Dec was +81k. I see nothing about downward revisions in today's report

Do you have a link for your data source?

63 posted on 02/03/2006 7:08:58 AM PST by Unmarked Package
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