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To: governsleastgovernsbest

Yeah, they might be revised....down. Keep in mind, when the April jobs report came out, the BLS also adjusted the March jobs numbers from 916,000 down to 760,000.

Furthermore, regardless of the fact that the BLS is technically part of the Executive branch, there is a very curious trend to their unemployment/jobs statistics based solely upon whether a Democrat or Republican is in the White House. For example, under Obama ALL monthly jobs statistics would be revised down the following month. In other words, the BLS consistently overestimated the number of jobs created each month under Obama, only to revise the numbers down the following month. Under Trump, the exact opposite occurred. Trump’s jobs numbers would be revised up every month, like clock work.

This same bias in reporting was witnessed in quarterly economic growth numbers published by the Bureau of Economic Analysis. Obama’s quarterly GDP statistics would be revised down a month later, where Trump’s would be revised up. This bias was consistent throughout their presidencies.

So, do not be at all surprised to see the April jobs numbers revised down from 266,000.


10 posted on 05/11/2021 11:43:01 AM PDT by agatheringstorm
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To: agatheringstorm

Thanks for the interesting info.


13 posted on 05/11/2021 11:50:56 AM PDT by governsleastgovernsbest (Please ping or FReepmail me to be added to the Liberal Media Criticism ping list.)
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To: agatheringstorm

Also keep in mind that Obama changed the way unemployment numbers are calculated in such a way to make things look better.


17 posted on 05/11/2021 12:17:47 PM PDT by oldbrowser ( )
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