Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
Showing Original Post only (View all)U.S. created 501,000 fewer jobs as of March 2019 than previous reported [View all]
Source: Marketwatch
WASHINGTON (MarketWatch) - The U.S. economy had 501,000 fewer jobs in March 2019 than previously reported, government revisions show, suggesting that hiring was not as strong in the past year as it seemed. Hiring was weaker in retail, restaurants and hotels. The annual revision is much larger than is typically the case. The preliminary revision in 2018, for example, was just 43,000. Every year the Bureau of Labor Statistics updates its figures based on unemployment data that nearly all employers are required to file with the states. The current revision is one of the largest ever.
Read more: https://www.marketwatch.com/story/us-created-501000-fewer-jobs-as-of-march-2019-than-previous-reported-2019-08-21?mod=bnbh
Just for emphasis:
The current revision is one of the largest ever.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
58 replies, 7700 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (46)
ReplyReply to this post
58 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
U.S. created 501,000 fewer jobs as of March 2019 than previous reported [View all]
UpInArms
Aug 2019
OP
I knew the lying, cheating bastards were rigging the employment numbers.
democratisphere
Aug 2019
#2
Me, too. I don't believe anything that comes out of this government. Period! n/t
Peregrine Took
Aug 2019
#36
So at this point they are just straight up lying. That is more than a revision it is a
SweetieD
Aug 2019
#8
I don't trust any Numbers the Trump administration puts out. They will do anything to paint a rosie
Meadowoak
Aug 2019
#9
we've tipped off the edge and are gaining momentum as we slid toward the bottom...
Javaman
Aug 2019
#10
Gigantic number to make up for past lies and make room for new ones until Nov 2020
bucolic_frolic
Aug 2019
#11
Truly hope someone missed a decimal point in the revision and it is 50,000 jobs
Freethinker65
Aug 2019
#14
Is anyone really surprised that the Trump administration is caught lying yet again?
cstanleytech
Aug 2019
#15
What's more, the Bureau of Labor Statistics (BLS) produces both the monthly jobs reports
progree
Aug 2019
#20
I'm looking for exactly what months were revised .... but in the meantime I ran across this
progree
Aug 2019
#22
So basically this isn't a 'jobs created' number, it's a 'total employed' number
mr_lebowski
Aug 2019
#54
Cookin' the books & pulling the wool over deplorable eyes. LIES, all lies. n/t
slumcamper
Aug 2019
#26
Socialist sounding Bureau of Labor Statistics and their "seasonally adjusted" socialism
IronLionZion
Aug 2019
#29
Here's the job series they are talking about (the famed and storied non-farm payroll job numbers
progree
Aug 2019
#33
So if 10,000 BabyBoomers are hitting 65 every day and a bunch of them work and a bunch of them
NoMoreRepugs
Aug 2019
#43