Sharp jobs report downward revision expected today (-911,000 Reported)

[Johnny2X2X]

Last edited Tue Sep 9, 2025, 10:17 AM - Edit history (1)

https://finance.yahoo.com/news/why-wall-street-and-washington-will-be-closely-watching-todays-jobs-revisions-080041474.html

Will show about 700,000 fewer jobs created from March 2024 to March 2025. This is normal stuff and is necessary to keep accurate data. Trump is going to throw a fit though and claim the BLS was lying to influence the 2024 election.

[SSJVegeta]

1. Is he dead yet

[Lovie777]

2. The rate the US is going which is downward.....................

even the gerrymandering that the red states are trying to do won't mean a hill of beans because..........................

Certain red state's areas may vote blue. So far, Democrats have been doing pretty well in elections across the US. If the trend continues, and I believe it will, we will be able to take both houses.

GQP are afraid this may happen so therefore, the cheating, stealing, rigging may not be in their favor.

This is why shithole, US SC and the RW GQPs are going for military control, try and create violent protests, begin a war with a weaker country - Martial Law.

So far the protest have been peaceful, and it is working.

US SC gave shithole and administration a green light to be more harsh and aggressive in a grabbing immigrants, i.e. Latins, old, young, children, and will continue on to POC all together who are legally here.

Alas, a depression will seal their fate, and ours too, but we the people will survive.

[Johnny2X2X]

4. Propaganda is strong

Joe Biden delivered the biggest gains for working people in generations, but the propaganda told people inflation was the only thing that mattered.

So people ignored their own realities and believed lies instead. The lowest 20% income wise saw huge wage growth, far in excess of inflation even during inflation's height. The lower 20% saw bigger income gains than the top 10% under Biden. The lower 50% saw bigger net worth gains than the top 10% under Biden.

I spent a lot of time presenting data supporting all of this here on DU. And I must say, the propaganda had a huge effect here too. People would get legit angry with me for reporting data showing people doing better despite inflation. And they seemed to lump Biden in with the previous several presidents when it came to blaming him for the decline of the middle class. Joe Biden was bringing the middle class back, it was real, it was measurable. That is long gone now, working people are going to lose everything under Trump, and I mean everything!

And in witnessing all of that, seeing people believe BS over their own bank accounts, I am as sure now as I was then, that a lot of people will believe the opposite. They'll believe that everything is great even as they lose their jobs, lose their homes, and lose their savings. And the faithful will stand in soup lines talking about how he Made America so Great Again. And Trump's desire to cook the BLS books is so frightening, because I think things can get really really bad before the people will have had enough.

[underpants]

3. He and his minions will say it's Biden's fault

[Greg_In_SF]

5. It looks like

this will cover 10 months under Biden and two months under Trump, unless I'm mistaken.

[underpants]

6. Okay. They'll say and repeat ad nauseam whatever he tells them.

[EdmondDantes_]

11. Assuming the BLS numbers are accurate, it puts a big damper on Biden's economic record

And it would give some credence to the idea of a systemic problem that it wasn't caught before now.

Yes there's regular revisions, but that's due to taking time to get all the payroll data. But by 3 months about 95% of employers have reported. This is going over a year which seems like there's something missing in how we're calculating jobs if we're this far off with that much of the data in.

https://www.bls.gov/opub/btn/volume-2/revisions-to-jobs-numbers.htm

That said, in theory this could be entirely made up by the Trump administration. I'm skeptical that a bunch of career government employees would go along with that, but it's possible.

[Johnny2X2X]

13. It's not possible

The methods and processes are transparent. They show their work. This is not a big mystery and if/when they adjust numbers up later for Trump, he will be taking credit for it.

We will know when the numbers are getting cooked, because those career civil servants will resign en masse.

[Johnny2X2X]

7. -911,000

Ouch. This stuff is normal, but this is going to cause a firestorm.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-waver-after-us-jobs-data-is-revised-sharply-down-133638637.html

[RussBLib]

8. I don't think I've ever seen a revision this large

...I wonder if the new BLS head is rigging numbers to make Biden look not so good, thereby "justifying" interest rate cuts by the Fed.

https://russblib.blogspot.com/?m=1

[Johnny2X2X]

10. The new BLS chief hasn't been confirmed yet

And this data was months in the making.

When, not if, but when they start cooking the books, it will be obvious and we'll have a bunch of resignations.

The methods they follow are transparent, the integrity of this data is crucial to a healthy economy and for many levels of government. I don't think people understand how important this data is, it modulates all sorts of spending in local and state governments. It is a key for all sorts of businesses and industries to know what they should be doing next. Once trump corrupts it for political purposes, the risk is massive and businesses will make cuts to mitigate the risk and governments will just not know what to do to address the needs of the peoples.

And it's a lot more than just jobs data the BLS produces. All sorts of crucial economic data comes out of the BLS and is consumed at all levels of business and government. It's not perfect, there are revisions, but so far it's reliable and transparent.

[Wounded Bear]

9. March to March is a full year. What is the month to month breakdown?

IIRC job growth was still going up for most of 2024. Most of the downward trend is probably since Jan 2025.

[muriel_volestrangler]

12. If this is for March 2024 to March 2025, are there any revised figures for any month in between?

Or do they only produce their "most accurate we can do so far" for Marches?

[EdmondDantes_]

14. It's for the year period not just comparing March 2024 and March 2025

[muriel_volestrangler]

15. So you're saying these figures are the average over the March-to-March period?

Do they produce an average for any other beginning and end? Or just March to March?