Trump boots revision-prone Bureau of Labor Statistics chief and the left howls bloody murder: When all you do is revise data, what is the point of collecting it?

Initial BLS numbers haven't been close to accurate in years. There needs to be reform in the department, because this is unsustainable

Revised data? Sounds just like 1984.

I remember the temperature data at NOAA being “updated” to reflect today’s modern, more exact measurements. They stated that the old thermometers records had to be “adjusted.” What a Surprise when the “adjustments” reflected a warming trend.

Yet, given this manipulation of relevant statistics, we have a handful of RINO’s, the usual suspects, whining about the firing of this politically biased Biden appointee.
RINO’s whining that there is no basis for firing her simply because she published data harmful to President Trump.
Ignoring her manipulation of data to bolster the Biden/Harris administration before the election. And, subsequent manipulation of data to put President Trump in a bad light.
Conservative voters are constantly undermined by self-serving Republicans.

Accurate reporting allows informed decisions. It's a standard rule in business, not so much in politics. This is simple culture clash, blown up in the political world.

You can't run all of the government like a business all of the time, but some aspects need to have business discipline. Eventually this might lead to changes in the guess work that goes into the employment reports, either reporting later with better numbers or improving the data gathering.

That political hack cost people billions of $ on false economic numbers just to boost an idiot whore and a brain dead child molester.

BLS

Bull
Lying
Schiff

Cookin’ the books. Stealing elections. If they couldn’t lie, cheat, and steal what would they do?

Cookin’ the books. Stealing elections. If they couldn’t lie, cheat, and steal what would they do?
.....

Waiting for the ‘revision’ to 81,000,000 ‘votes’ for Wuhan Coup Flu installed Biden to come down the pike sometime in the future.

While some may say this appears to be scapegoating by the president, POTUS appears to have a solid concern about the BLS methodology.

From Jan. 2023 through Nov. 2024, the BLS released 23 reports (could be off by 1, but doesn’t change my basic point) of which 18 were revised downward. 5 were revised upward.

In 2025, of the 5 reports involving Trump, all 5 were revised DOWNWARD

IOW, the original estimates OVER counted nonfarm payrolls. Put another way, the BLS presented a picture of a job market that was stronger in the initial reading than was actually the case.

So maybe the BLS was trying to make the job market look stronger than reality in the Biden years. Maybe not.

If so, you might have to similarly admit the BLS seeks to make the job market look stronger than it really is — helping Trump.

ISTM that the real problem is the shocker miss in the annual revisions for the 1st 10 months of 2024 — the months most relevant to the election

The BLS estimate was those 10 months produced l.764 million jobs.

After the annual revisions the new estimate was a gain of 1.428 million jobs — 336K fewer than the final estimate.

Put another way the actual # for those 10 months was 19% fewer payroll jobs than previously thought.

And THAT is a huge miss.

Imagine if as an accountant you had to fess up to the CEO that sales were actually 20% less than what you told the top boss just a few months earlier. You might easily be let go and for good cause.

I can’t think of a Federal department that issues reliably accurate statistics.

Everything is “unexpected” and later adjusted when nobody’s looking.

The Bureau of Labor Statistics collects its data on employment through its household surveys, and makes various projections from it.

...Why not use the quarterly tax payments from the IRS? Wouldn't they have pretty accurate numbers on how many jobs are getting paid for?

Not to mention one of the core arguments for holding interest rates is the strength of the job market. Quite relevant in context wouldn’t you say?

Another incompetent government agency of hacks

When workers can’t or won’t do their jobs properly, it’s up to management to fire their keisters out of there and get someone else who will.

The sooner people realize they are the boss over the congress and senate on who is in charge of it the better.

Know who and what you vote for or don’t complain.

I HAVE DONE ACCOUNTING/BOOKKEEPING SINCE 1957.

NEVER HAD AN ACCOUNTING DEGREE-—BUT I DID TAKE ACCOUNTING CLASSES 11 YEARS AFTER I LEFT HIGH SCHOOL. GOT 4.0 IN EVERY CLASS.

I NEVER COULD HAVE SUBMITTED A BANK RECONCILIATION OR ANY REPORT WITH SUCH NONSENSE. NEVER.

THAT INCLUDES SALES TAX REPORTS & PAYROLL REPORTS & W-2’s & 1099’s.

I WAS SELF-EMPLOYED DOING BOOKKEEPING FOR SMALL BUSINESSES FROM 1980 TO 2022 WHEN MY LONGEST CLIENT RETIRED. I DID HIS BOOKS FOR OVER 53 YEARS. BY MYSELF.

HERE IS A PERSON WHO HAS STAFF & ALL KINDS OF MACHINES TO ACCUMULATE DATA-—AND IT IS ALL GARBAGE.

ANOTHER THREAD SAYS JAG ARRESTED HER AT HER HOME AS SHE ARRIVED FROM THE JOB SHE WAS FIRED FROM.

I HOPE THEY THROW THE BOOK AT HER.

Excellent points!

There’s no excuse to be off by 20%, even in an economy with well over 159 million payroll jobs.

Plus the miss involves the establishment survey of payroll jobs (headline jobs gained/lost/industry stats), which has a bigger sample size and is deemed more accurate than the household survey (used for the unemployment rate, among other metrics.)

I can’t think of a Federal department that issues reliably accurate statistics.

Everything is “unexpected” and later adjusted when nobody’s looking.

Folks,

I don’t think we can ever have accurate data.

1) It is a moving target. surveys just measure how people felt that day after being manipulated by the media

2) Information surveys from the govt are straws on the camels back. We are too busy to answer their stupid questions.

3) The state universtiy sends out a survey on cash farm rents. The question is, “what do you THINK the cash rent is in your area?” They ask landlords and bankers, not tenants on actual pymt. They don’t get answers from tenants as they know the information will be used against them.

4) I don’t participate in ANY survey on sharing information. Do any of you? So who is giving them information?

Stop making sense.