· bls has explained jobs revisions for previous months as resulting from additional business and government agency reports as well as recalculation of seasonal factors. · a look at revisions to the bureau of labor statistics’ monthly jobs report data in light of president donald trump’s firing the head of the bureau of labor statistics. · but downward revisions for prior months shocked investors even more, revealing that the labor market came to a near standstill over the spring. Job growth numbers are attributed to a slowing economy and job market impacted by trade and immigration policies. · downward revisions to u. s. · the latest employment report showed the steepest downward revisions to us jobs growth since the pandemic, offering a dramatically different picture of the labor market in recent … · president trump fired the head of the bureau of labor statistics last week and described a jobs report that included a big downward revision as “rigged. ” · summary julys jobs report was sharply below expectations, with only 73,000 new jobs of 106,000 expected and massive downward revisions of 258,000 jobs to prior months, … · economists are sounding the alarm on a weakening labor market after julys jobs report revealed sharp downward revisions and softer-than-expected hiring, putting fed rate cuts … · the issues of greater importance involving the cpi data is what tuesday’s numbers say about the trajectory of inflation and any coinciding pushback from the trump administration on …
The Jobs Report'S Shocking Numbers: Massive Revisions And Inflation Concerns
· bls has explained jobs revisions for previous months as resulting from additional business and government agency reports as well as recalculation of seasonal factors....