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progree

(10,864 posts)
25. Found this from BLS.gov itself
Wed Aug 21, 2019, 12:05 PM
Aug 2019

All emphasis mine -Progree

https://www.bls.gov/web/empsit/cesprelbmk.htm

CES Preliminary Benchmark Announcement
In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).

Preliminary benchmark revisions are calculated only for the month of March 2019 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued [in February 2020 -Progree].

Table 1 shows the March 2019 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.


One has to click the link to see the table -- it doesn't paste in a readable way here.

EDITED TO ADD:

Here's the job series they are talking about: https://data.bls.gov/timeseries/CES0000000001

anyway they haven't changed it (as indicated in the BLS announcement above, they aren't revising the series until February 2020) -- just to check, I compared the March and July numbers with what I had previously downloaded when the jobs reports came out (as for the March one, I looked at the May jobs report that includes March in Table B-1 after the usual 2 revisions they make).

(to see monthly changes: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth )

Wow, that's some revision! nt Mike 03 Aug 2019 #1
Whats a half a million jobs? TheRealNorth Aug 2019 #6
BLS is lap dog for Don da Con Cryptoad Aug 2019 #40
Until a few weeks ago the Secretary of Labor FakeNoose Aug 2019 #46
I knew the lying, cheating bastards were rigging the employment numbers. democratisphere Aug 2019 #2
+1 sandensea Aug 2019 #31
Me, too. I don't believe anything that comes out of this government. Period! n/t Peregrine Took Aug 2019 #36
US Naval Observatory Master Clock Time mahatmakanejeeves Aug 2019 #38
working url for time ... CloudWatcher Aug 2019 #41
Browser issue? mahatmakanejeeves Aug 2019 #42
DNS issue CloudWatcher Aug 2019 #49
If they were rigging them why would they correct them? onenote Aug 2019 #52
That is HUGE! Wonder if Trump will brag about that??? ProudMNDemocrat Aug 2019 #3
Sure he will durablend Aug 2019 #13
His followers would believe he had created that many jobs DBoon Aug 2019 #45
"The current revision is one of the largest ever." Hugin Aug 2019 #4
Trumpy's minions have been cookin' the books for some time now. machoneman Aug 2019 #5
I joined a large corporation in January. lapfog_1 Aug 2019 #7
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
This would explain business closings across some flyover states ffr Aug 2019 #12
Truly hope someone missed a decimal point in the revision and it is 50,000 jobs Freethinker65 Aug 2019 #14
The whole article makes no sense ... mr_lebowski Aug 2019 #51
This article is talking about a 12-month period, not one month NickB79 Aug 2019 #53
That's not what post #25 seems to suggest ... mr_lebowski Aug 2019 #55
Is anyone really surprised that the Trump administration is caught lying yet again? cstanleytech Aug 2019 #15
I never trusted their numbers either Clarity2 Aug 2019 #16
I Can't Wait To Hear Trump's Explanation For This...... global1 Aug 2019 #17
Great catch. Thank you, UpInArms. n/t Judi Lynn Aug 2019 #18
This thread is embarrassing DrToast Aug 2019 #19
What's more, the Bureau of Labor Statistics (BLS) produces both the monthly jobs reports progree Aug 2019 #20
Exactly! DrToast Aug 2019 #23
Yeah pretty much qazplm135 Aug 2019 #34
Did they include all of those $1.50/hr app jobs? wolfie001 Aug 2019 #21
I'm looking for exactly what months were revised .... but in the meantime I ran across this progree Aug 2019 #22
Big thank you for your post. Wellstone ruled Aug 2019 #24
Found this from BLS.gov itself progree Aug 2019 #25
That's around 42k less jobs per month than originally thought. herding cats Aug 2019 #37
I'm working on updating this: progree Aug 2019 #48
So basically this isn't a 'jobs created' number, it's a 'total employed' number mr_lebowski Aug 2019 #54
I don't know if it's correct, but that's how I see it too ... progree Aug 2019 #56
Cookin' the books & pulling the wool over deplorable eyes. LIES, all lies. n/t slumcamper Aug 2019 #26
Sounds like the rats are abondoning the ship. Scruffy1 Aug 2019 #27
Hiring freeze at my company exboyfil Aug 2019 #28
Socialist sounding Bureau of Labor Statistics and their "seasonally adjusted" socialism IronLionZion Aug 2019 #29
Announcement 2019 CES Preliminary Benchmark Revision mahatmakanejeeves Aug 2019 #30
Here's the job series they are talking about (the famed and storied non-farm payroll job numbers progree Aug 2019 #33
There is little left uncouched by this corrupt administration. MarkmBha1 Aug 2019 #32
How to find archived benchmark articles going back to March 2002 mahatmakanejeeves Aug 2019 #35
Anyone trying to get a job area51 Aug 2019 #39
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
You know we're in a trump recession duforsure Aug 2019 #44
Trump lying, throwing tantrums. Market up. (??!) nt wiggs Aug 2019 #47
I've said--and been shot down this is ALL SMOKE and MIRRORS BS........... Bengus81 Aug 2019 #50
Retail, restaurants and hotels....all segments that rely heavily on disposable income...that alone.. AKing Aug 2019 #57
"Fake News!" Nitram Aug 2019 #58
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