
How unnatural is to report this month’s jobs?
Friday, President Trump announced that he was shooting at Erika Minarker, head of the work statistics office. Earlier that day she released BLS Monthly national job reportWhich showed dull growth in employment, a slight height of the unemployment rate.
The report showed a relatively small increase in work in July: +73,000 jobs as non -agricultural salary statements. BLS also included reviews of the primary job numbers reported earlier, saying: “The reviews for the month of May and June were greater than usual. The change in the total employment of non -cultivated salaries in May was 125,000, from +144,000 to +19,000, and the change was revised for the month of June by 133,000, from +147,000 to +14,000.
While BLS is customary to issue reviews, the size of these reviews has raised some eyebrows, especially among those who prefer the Economic policies of the Trump administration.
A quick look at BLS data related to reviews shows that the size of these reviews is “larger than usual”, but not at all unprecedented. In the first 300 months of the twentieth century, with the exception of the preliminary preliminary months in particular from the Covid-19s, there were ten descending reviews exceeding 100,000, including the two issued on Friday.
In addition, there were 21 upward reviews of 100,000 or more. Nine of them were in 2021, during the period of rapid job recovery after the initial shocks associated with Covid-19.
According to BLS summary dataThe average review of the monthly job numbers since 2003 is 51000. Note that this is at the absolute value, which means on average that the review is either and an increase or a decrease of 51000.
Trump’s launch of Mcentarfer has led widespread criticism to undermine the ability of the federal government to avoid political pressure in its reports, Including from the former commissioner for work statistics, William BeachWhich was appointed and served under the first Trump management.
For more data from the work office jobs report, see The market is tens of.
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