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Trump fired the Biden appointee that put out inaccurate
Posted on: August 29, 2025 at 10:49:51 CT
Spanky KU
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Last year, BLS revised down the benchmark payroll growth for the year ending in March 2024 by 818,000 jobs — the second-largest benchmark revision on record.
The Daily Caller: “Including monthly revisions, the Biden administration overstated the number of jobs in the U.S. economy by 1.18 million in the year through March, accounting for approximately 36% of the 3.24 million jobs initially claimed, according to data from the BLS calculated by the Daily Caller News Foundation”
In July 2024, BLS revised jobs added in May of that year down by 54,000 jobs, and the jobs added in April down by 57,000 jobs.
In April 2024, BLS revised the jobs added in February of that year down — then further revised the number down the following month.
In February 2024, BLS revised the jobs added in December of the prior year down by 43,000 jobs and the jobs added in January of that year down by 124,000 jobs.
Bloomberg, 11/15/24: “Two key Senate Republicans excoriated the US government statistics agency responsible for monthly employment reports, saying recent large-scale revisions to initial figures show its ‘continued failures’ in producing crucial economic data … A preliminary annual revision to the jobs data, made in August, suggested job growth in the 12 months through March will be marked down by more than 800,000 — the largest downward revision since 2009 — making waves in financial markets and on Capitol Hill. The final data is due early next year.”
Bloomberg, 6/6/24: “Data published Wednesday by the Bureau of Labor Statistics suggest payrolls might have grown about 60,000 less per month on average last year than the roughly 250,000 run-rate derived from the agency’s monthly employment report.”
The Heritage Foundation, 5/3/2024: “The BLS provides monthly estimates for the number of nonfarm payrolls across the country through a survey of over 600,000 businesses. According to that data, payrolls increased by 640,000 in the third quarter of last year … But now, the BLS has published its Business Employment Dynamics, or BED, report from that same period, and it shows a drop in private payrolls of 192,000. That’s a mammoth difference of 832,000 for the months of July, August and September.”
Last year, BLS revised down the benchmark payroll growth for the year ending in March 2024 by 818,000 jobs — the second-largest benchmark revision on record.
The Daily Caller: “Including monthly revisions, the Biden administration overstated the number of jobs in the U.S. economy by 1.18 million in the year through March, accounting for approximately 36% of the 3.24 million jobs initially claimed, according to data from the BLS calculated by the Daily Caller News Foundation”
In July 2024, BLS revised jobs added in May of that year down by 54,000 jobs, and the jobs added in April down by 57,000 jobs.
In April 2024, BLS revised the jobs added in February of that year down — then further revised the number down the following month.
In February 2024, BLS revised the jobs added in December of the prior year down by 43,000 jobs and the jobs added in January of that year down by 124,000 jobs.
Bloomberg, 11/15/24: “Two key Senate Republicans excoriated the US government statistics agency responsible for monthly employment reports, saying recent large-scale revisions to initial figures show its ‘continued failures’ in producing crucial economic data … A preliminary annual revision to the jobs data, made in August, suggested job growth in the 12 months through March will be marked down by more than 800,000 — the largest downward revision since 2009 — making waves in financial markets and on Capitol Hill. The final data is due early next year.”
Bloomberg, 6/6/24: “Data published Wednesday by the Bureau of Labor Statistics suggest payrolls might have grown about 60,000 less per month on average last year than the roughly 250,000 run-rate derived from the agency’s monthly employment report.”
The Heritage Foundation, 5/3/2024: “The BLS provides monthly estimates for the number of nonfarm payrolls across the country through a survey of over 600,000 businesses. According to that data, payrolls increased by 640,000 in the third quarter of last year … But now, the BLS has published its Business Employment Dynamics, or BED, report from that same period, and it shows a drop in private payrolls of 192,000. That’s a mammoth difference of 832,000 for the months of July, August and September.”
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Trump fired the Biden appointee that put out inaccurate - Spanky KU - 8/29 10:49:51