General Discussion

EdmondDantes_

(1,278 posts)

23. The same amount of time every other president does

Thu Dec 11, 2025, 05:44 AM

Thursday

They do adjustments at 1 and 3 months and then a final adjustment at the end of the year. Also the number is always an estimate since they don't go to every business one by one. It's taking a subset of businesses and then estimating from that. It's about 121,000 businesses and there's millions of businesses.

Notice how you still put all of the blame on Trump when it was pointed out much of that number happened under Biden. Why would Trump not want that downward revision that he could neatly and accurately say was from the Biden administration and then inaccurately offer that as "proof" they were fudging the numbers? The problem as the article points out is in how the birth/death of businesses are estimated. So that wouldn't get caught in the revisions because it's a formula to estimate, and if there's a flaw in the formula, it will be wrong. That doesn't require it to be a conspiracy because it's been that way for years and could reflect a change in small business volatility or something else.

https://usafacts.org/articles/how-does-the-us-government-gather-the-monthly-jobs-report/

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The Employment Numbers Are being Fudged, So Says Jerome Powell [View all] gab13by13 Dec 10 OP

No effn doubt that ALL negative numbers are being fudged vapor2 Dec 10 #1

Didn't Krasnov just hold an economic rally in the Poconos, gab13by13 Dec 10 #2

BLS numbers have not been "fudged" and Jerome Powell did not Wiz Imp Thursday #15

Did you read the supplied link ? KS Toronado Thursday #20

Thank you. You're right, he did not. And a technical note from the BLS on the size of sampling error progree Thursday #22

Kick dalton99a Dec 10 #3

Read an article on Yahoo the other day... Xolodno Dec 10 #4

That is absolutely NOT what they said. Wiz Imp Thursday #14

Think we may have read two different articles. Xolodno Thursday #21

You may be right, but they both referred to the same rport from Challenger. Wiz Imp Thursday #25

You don't have to explain it to me. Xolodno Thursday #34

The article doesn't say that has anything to do with Trump EdmondDantes_ Dec 10 #5

BLS has had since April to revise its numbers down, gab13by13 Dec 10 #6

The same amount of time every other president does EdmondDantes_ Thursday #23

I don't remember when Biden was president that those numbers had to be lowered, gab13by13 Thursday #27

Because your memory isn't accurate is my guess EdmondDantes_ Thursday #31

Does this include the 911,000 downward revision over the period April 2024 through March 2025 progree Friday #35

and does this include the 589,000 downward benchmark revision from April 2023 thru March 2024? progree Friday #36

Wall St. Will listen to Powell, not Trump. Nt Fiendish Thingy Dec 10 #7

This is why Powell is lowering interest rates, gab13by13 Dec 10 #8

Every month, they re-state previous months' numbers... Mark.b2 Dec 10 #9

You obviously know nothing about how sample based estimates are derived. Wiz Imp Thursday #13

The only thing I know is the quality of the estimates... Mark.b2 Thursday #19

The estimates are based on a relatively small statistical sample Wiz Imp Thursday #26

Thank you! Very interesting and helpful. Nt Mark.b2 Thursday #32

AND popsdenver Thursday #10

I was in post office yesterday to mail Christmas stuff tavernier Thursday #24

Nope popsdenver Thursday #33

The Fed lowers interest rates when the economy is doing badly. It's to stimulate the economy IronLionZion Thursday #11

You sound exactly like Trump Wiz Imp Thursday #12

I simply want you to explain one fact for me, gab13by13 Thursday #28

I wouldn't trust any figures Figarosmom Thursday #16

This is why I think a lot of magas are now quitting. C Moon Thursday #17

why does it say the US Skittles Thursday #18

I am not backing down, gab13by13 Thursday #29

Investors rely on the accuracy of these numbers lame54 Thursday #30