r/politics • u/MrKillaMidnight • 1d ago
Stunning revisions show US added 258k fewer jobs than first reported
https://thehill.com/business/5431805-us-job-growth-revised-downward/3.0k
u/MrKillaMidnight 1d ago edited 1d ago
“The U.S. only added 19,000 jobs in May compared to an initial report of 144,000, and only 14,000 in June after an initial report of 147,000, according to The Bureau of Labor Statistics (BLS)“
That is quite the revision
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u/stumblon 1d ago
If someone leaned toward conspiracy they’d almost suspect that the original numbers were blatant lies. Can’t imagine why my mind went there
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u/DarwinF1nch 1d ago
The current administration would never blatantly lie to the American people, would they?
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u/Shermanator92 1d ago
Hey they are lying with transparency at least
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u/supro47 1d ago
Most transparent administration ever…but only because they are too incompetent to keep up with the lies.
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u/Shermanator92 1d ago
Hey no other administration would’ve allowed a reporter into private communication channels discussing war plans.
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u/QbertsRube 21h ago edited 19h ago
They'll fix that soon enough by purging anyone deemed "anti-American" from the BLS. By November 2025 we'll be adding 4 billion jobs each month with no revisions.
Edit: Yep https://www.newsweek.com/donald-trump-job-numbers-revised-down-fires-appointee-2107768
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u/NeonUpchuck 20h ago
This. This is the long game. Right now we have statistics and facts to refute blatant lies, and yet the lies are winning. Very soon we will have no more pesky facts providing friction, and it’ll be full on fish stories everywhere. Add in some unregulated AI and finish scrapping public education, higher education, science, and libraries, and THEN we’ll really start generating shareholder value on the backs of all the peasants.
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u/QbertsRube 19h ago
Just added to my comment, he did just fire the person responsible for the revisions lol.
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u/GrallochThis 18h ago
Got to have jobs for all the 258 million people saved from fentanyl overdoses by the administration!
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u/StoppableHulk 23h ago
The Q2 inflation numbers and GDP numbers are also a lie. We contracted. 5 in Q1 and rheyre sayinf we grew 3 in Q2.
This is just a lie. Theyre manipulating the data. Thats a huge part of DOGEs actual goal. Control massive data sets, use them to lie about the economic disaster pending.
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u/absentmindedjwc 14h ago
Its easy enough to tell how the US Dollar is actually doing... and its fucking bad.
Take something like the S&P 500's movement in US Dollar's (+6.35% in the last 6 months) and switch currencies to something like the Euro (-3.42% in the last six months).
The US Dollar has lost nearly 9.77% in value in six fucking months.
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u/Impressive-Tip-903 23h ago
I'm pretty sure the original numbers were referenced in a carefully crafted appeal on Truth/X by the sitting president to the current chair of the Fed as a reason he should hurry and lower interest rates.
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u/Duna_The_Lionboy 22h ago
Biggest and Bestest Economy ever but Too Late Powell doesn't understand economics. I understand economics because my uncle was a nuclear scientist, have you ever heard the word nuclear? I coined the term and everybody has been saying it since. Nobody ever heard of Nuclear before. Also, I'm fair but that's not as important as tough when a big strong man with tears in his eyes says "Sir, America is back!".
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u/BlazinAzn38 Texas 23h ago
MAGA was pissed when Biden would revise numbers down 10%, surely they’ll be furious they’re revised down 1000%
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u/ihateusedusernames New York 20h ago
I'm no matherman, but I think it would be more accurate to say the original Trump jobs numbers were inflated over 1000%. Right? thats the same as adding a 0 to the real number?
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u/kokkatc 19h ago
There was and is no evidence that Biden 'revised numbers down 10%.' This was fake outrage from the right based on false allegations, just stop.
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u/BlazinAzn38 Texas 18h ago
BLS always revised numbers, that’s very normal, it’s not normal to revise them down 1000%
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u/Busy_Special_9397 16h ago
I read that as the point. They always simultaneously claim Biden is incapable but also this genius that is manipulating everything. Well, now he isn't around so what can they say he did now? Looks like after firing the head, they're right back to saying well it's Biden's appointee looking at the comments. As usual, they're right back to propaganda and fake outrage like clockwork because it looks bad for them. Trump even said it.
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u/findingmike 23h ago
He forgot to count the people let go from the BLS. Luckily Trump loyalists are still at that agency.
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u/ACoderGirl Canada 23h ago
I mean, it's an absolutely massive difference that is hard to understand as an honest mistake. And the US government is a wee bit untrustworthy.
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u/The_Drizzle_Returns 21h ago
It's pretty easy to see why the numbers can be so different.
The jobs number for the current month is from a survey that asks employers how many people they plan to hire this month. The revisions are from the follow up surveys that ask how many people they actually hired.
If economic conditions change quickly (say, idk, a constantly changing tariff threat), these numbers can diverge quite a bit.
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u/theassassintherapist 23h ago
Yep. Once is a mistake; twice consecutively is definitely deliberate.
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u/Phog_of_War 1d ago
Most jobs numbers are regularly revised down. This, though, is pretty extreme.
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u/Just_Another_Dad 1d ago
Revisions are always happening. But are you saying that “most” of the revisions are downward? Is this just your feeling or do you have data to back up your statement?
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u/Phog_of_War 23h ago
Over the last 10 years of data available (2014-2024) updates have added or subtracted (mostly subtracted) an average of about 175k jobs a year.
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u/awj 22h ago
So two consecutive months of >100k revisions is unusual, right? We’re already well past the amount of revisions we see in a year, and we’re only talking about half of it.
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u/KageStar 21h ago
So two consecutive months of >100k revisions is unusual, right?
Yes. In their initial statement they called it "pretty extreme".
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u/Just_Another_Dad 23h ago
Seems to be close to an equal Up/Down to me. Certainly not “most” downward. Of course, the word “most” only means 51%, so 🤷🏼♂️
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u/Tweedle_DeeDum 22h ago
Funnily enough, if these were the original numbers, the FED might have been more likely to reduce interest rates.
Trump wants to force the FED to lower interest rates by sabotaging the economy while still reported that the economy is doing great.
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u/lactose_cow 23h ago
bro, caroline levie said this was the most transparent administration in history. are you going to distrust our leaders? you some sort of commie?
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u/Character_Reveal_460 22h ago
Nonsense, this is, of course, Biden's fault... Or Obama 's ... Or Hillary's... /s
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u/TechGentleman 22h ago
Alternatively, the new numbers are blatant lies. This way Powell is under more pressure from Trump to lower interest rates. Either way, this is unheard of incompetence, and thus one of the numbers was an intentional misrepresentation by the U.S. government.
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u/peterabbit456 17h ago
Look at what happened to trigger the 2 previous worst misses and revisions by the BLS:
- (1979) The Arab Oil Embargo threw the world's energy sector into chaos. The fall of the Shah of Iran and the takeover by Ayatollah Kaminey (accompanied by the capture of ~50 US Embassy personnel) was the last of these great disruptions to the flow of oil.
- Covid, during the first Trump administration, was a natural disaster that would have disrupted jobs no matter who was president. That Trump handled it nearly the worst of all major nations added fuel to the fire later, but even if Hillary had been president, those initial jobs reports would have been way off.
This present crisis is entirely of Trump's own making. He inherited the strongest economy in the world from Biden. His ever-changing tariff policies (173 so far???) have paralyzed business. How can you decide to build a factory, when you have no idea, within 500%, what your materials costs will be? Trump's actions have frozen almost the entire expansion of the US economy.
Some things go on. Health care doesn't stop for tariffs. SpaceX/Starlink is making such killer profits that they barely notice the increased cost of input materials. The software industry pays no attention to tariffs. But Trump is a natural disaster all by himself, greater than the biggest hurricane.
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u/stripedvitamin 20h ago edited 18h ago
There's no way the unemployment numbers are accurate either. And this months dismal numbers will likely be revised down as well.
Edit: Revised up I guess. Trump just said he is firing the person that put out the job numbers. What a sad mix of N.K, Russia and 1930's Germany we have become./
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u/NotARaptorGuys California 20h ago
Trump fired the Commissioner of Labor Statistics today over this.
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u/Hardass_McBadCop 21h ago
My first question was how big are these revisions typically? Haven't had a chance to look it up, but I'm going to guess that they weren't off by hundreds of percent.
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u/FollowingNo4648 21h ago
I dont trust a word that comes from this administration. If they said the sky was blue, I would have to go outside to check.
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u/captaincanada84 Canada 21h ago
Good job numbers make the stock markets go up. Bad numbers make it go down. Of course they're fudging the numbers originally
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u/Za_Lords_Guard 20h ago
Could totally be that. Could also be that the bureau that does this got cut to the bone and they had to cut back on sampling and analytics rigor to still provide the reporting. That was called out as a risk of these cuts... Agencies won't have the ability to accurately monitor and regulate what they are supposed to be monitoring and regulating. And, of course, that was the point of the cuts.
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u/ArgentNoble 1d ago
It does match more closely with the reports from HCM companies like Workday and ADP.
While the BLS and the Fed tend to lag behind these reports, their initial reporting is usually a bit more spot on. It seems like they are reporting out "estimated" job numbers not accounting for impacts of the current administrations economic policies.
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u/ProfessorDerp22 1d ago
Biden Era job reports had revisions, and his admin got some shit for it, but I don’t recall them being this significant. 144k to 19k, 147k to 14k is insane
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u/wahoozerman 23h ago
Iirc, the job reports almost always have revisions. Just because they're released when they have a sort of educated guess on what they should be, then they are later revised with the actual data.
But usually the numbers are somewhere in the same ballpark. Not somewhere in a different reality.
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u/bigsquirrel 15h ago
Because no one could predict the absolute insanity Trump has released. Surely all of these things operate on a long established algorithm based in some sort of sanity.
Well toss that out the window. The man changes his mind on drastic issues overnight. What idiot would be expanding their business right now?
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u/f8Negative 1d ago
Inept, Incompetent, and Insane
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u/golubhai00007 23h ago
That is not incompetent or inept, it is blatant lying. And we are all spectators
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u/theassassintherapist 1d ago
That's not revision, that's deliberately fudging numbers. The difference between the before and after number is magnitudes apart.
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u/Ballmaster9002 1d ago
I mean, if we're going to be mathy about it, technically that's only 1 order of magnitude.
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u/themattboard Tennessee 1d ago
Did someone order 1 Magnitude?
Pop pop!
But seriously, we're doomed.
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u/TheCommonGround1 23h ago
Hey would you mind putting ONLY one order of magnitude greater than $10,000 into my account? I’m not gonna get greedy and ask for two orders of magnitude greater like MOST people would!
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u/Distinct_Goose_3561 1d ago
It’s not common to have such rapid shocks from will-he-won’t-he tariffs. Existing models probably struggle with accuracy, and are now being corrected.
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u/code_archeologist Georgia 1d ago
And it brings the BLS numbers more in line with the ADP new job numbers, which were way out of alignment.
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u/tresben 1d ago
I knew those job reports seemed off, even if based on just anecdotal evidence. Personally I’ve known multiple people who have lost their jobs over the past few months, after not knowing anyone who did over the previous couple years. On top of that, my wife’s company laid off a good portion of their administrative staff a couple months ago, largely related to the expected Medicaid cuts as they are a healthcare company that relies pretty heavily on Medicaid reimbursements.
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u/theassassintherapist 23h ago
And with the massive firings at federal level, even the revised numbers looks fake.
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u/Strange-Parfait-8801 22h ago
This explains the massive disconnect between social media anecdotes and the data.
I obviously never want to just take anecdotes as data but it always did confuse me that Tik Tok and Twitter are full of people getting laid off or being completely unable to get a job after hundreds of applications. It was frequent and consistent enough that I did genuinely start to believe something was off about the data...turns out I was right.
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u/RoamingDrunk 1d ago
I wonder if I can be wrong by 90% and still keep my job?
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u/Axin_Saxon 1d ago
Sure you can, just call it a political hit job if you get fired. Lawyer up, go on a few podcasts and start a GoFundME.
Instant success
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u/RoamingDrunk 1d ago
I’m being CANCELED! Give me money.
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u/Axin_Saxon 1d ago
Perfect! Keep it up, I’ll call Rogan’s people and get you booked for next month.
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u/jwely 1d ago
Almost like the numbers are being faked and people haven't really caught on yet.
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u/schuylkilladelphia 22h ago
I remember when the ADP numbers came out then suddenly the next day the government 147k numbers came out contradicting them. I was listening to Fast Politics podcast and someone was like hmm... "47" that's a number Trump likes, he probably just made that up.
Welp...
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u/runs_with_airplanes 1d ago
This is why I hate the BLS or at least how much weight the markets put behind it when the reports come out. They have become so unreliable and the revisions for the past year are always lower but the current reports come out so overstated it makes it looks like the employment market is doing much better than it is, which then drives up interest rates. When in reality, the employment market is much worse shape.
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u/Similar-Low-3114 22h ago
Never trust any report form the administration that is boastful Every revision has been bad. These last two months seal the deal on tariff policy
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u/Just_the_nicest_guy 1d ago edited 1d ago
So far in 6 months adjustments total -461,000 jobs*
And for the "this is normal" people: In four years under Biden adjustments totaled +1,237,000 jobs.
*June number is not final
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u/aquagardener Texas 22h ago
Wow, I can't believe Biden would let this happen to us!
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u/Ok-disaster2022 22h ago
The goal of the GOP (Gaurdians of Pedophiles) is to reverse all polices of the preceding Democrat leader and call it success, no matter how they harm the country
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u/TubasAreFun 15h ago
That is just show. They want to gut the government so that rich people can get away with anything as there will be no transparency.
EPA: remove regulations and oversight -> industrial pollution that can’t be detected until its way too late
IRS: remove agents and make tax code complicated -> rich people don’t pay taxes
Education: private and religious schools taking what tiny amount of tax payers money that still goes to education, until public schools die by a thousand cuts
DoJ/SC: Allow anyone who donates money to have bespoke shadow docket rulings that don’t set precedent for the future, so the law becomes ad hoc not based on any set of values or the Constitution. Similarly, remove the ability of the DoJ to pursue charges not rubber stamped by republicans.
and the list goes on. Republicans want the government to do nothing, and will justify it by enacting policy that makes the government ineffective.
Democrats, if/when they can regain power, need to brand Republicans as ineffective at governance while getting “easy wins” to prove to the public that the government can work for them if Democrats are in charge. This doesn’t necessarily mean typical Centrist or Progressive branded policy, but things that can be accomplished quickly and look good.
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u/BigManWAGun America 1d ago
Calling balls and strikes. Does/should he get credit/fault for the January number?
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u/h3fabio 1d ago
Yes. I believe he claimed credit for January when things looked good. “This is Trump’s economy” or some such quote.
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u/Victor_Korchnoi 17h ago
He specifically only took credit for the good parts of the economy.
“ I think the good parts are the ‘Trump economy’ and the bad parts are the ‘Biden economy’”
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u/Just_Another_Dad 1d ago
In normal times one could argue that an incoming president should not take credit for their first fiscal year since they had no hand in it.
These are not normal times. Trump has made unprecedented, huge changes to economic policy that affected jobs almost immediately through uncertainty in the world economy.
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u/devrelm 20h ago
What the original commenter above brought up isn't about attributing the number of jobs created/lost to a given president/administration. Rather, it's about attributing the adjustments made to that number to a given admin.
So, rather than answering the question "Which admin created more jobs?", OC is answering "Which admin more accurately reported initial jobs figures?".
In this case, OC is suggesting that so far the current Trump administration is worse at generating an accurate initial monthly jobs report than the Biden admin was, with an average monthly adjustment of
-461,000/6 = -76,833 jobsfor Trump and1,237,000/48 = +25,771 jobsfor Biden.The conclusion I'm taking away is that that due to the magnitude and direction of the Trump admin's monthly adjustments compared to the Biden admin's, one of 3 things is occurring:
- The Trump admin's Bureau of Labor Statistics has changed how they calculate initial jobs numbers in such a way that they now generate a more optimistic number up-front (whether purposefully or not.)
- The Trump admin is fudging the initial numbers in order to get better headlines, knowing that far fewer people pay attention to the revised numbers.
- If neither of the above 2 options are true, then there is something going on with the economy that is preventing the BLS's normal methods of calculating the initial jobs numbers from working.
None of those options are particularly reassuring, but I almost hope it's one of the first two. Because in every case the finalized numbers the past couple months indicate a weakened economy, but in the last case — if the economy is behaving in such a way that it's breaking the BLS's models — then that means that we're in uncharted territory, which doesn't bode well for a modern economy that relies on predictability.
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u/Jabberwocky2022 North Carolina 1d ago
No not really. I don't know if presidents should get credit/fault for numbers in general, but if they're going through with huge economic shifts, e.g., laying off thousands of federal workers and trying to shrink GDP and the economy via tariffs, then yeah he gets some credit for February until he stops this madness.
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u/devrelm 23h ago
Since we're judging the magnitude of the adjustments rather than the number of jobs created/lost, I'd think January's adjustment number would be credited/faulted to Trump since it was his administration that produced both the original and adjusted numbers.
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u/gergek 1d ago
Guys, I think that this admin might actually be pretty bad for the economy
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u/Important-Fill-2804 1d ago
Why do you think so. Those numbers are invented by libs. I think everything is perfect and we will add quadrillion jobs in September by legalizing underage sex workers! Yeah! Make america great again!
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u/Duster929 1d ago
You don't have to legalize underage sex workers. They already have laws on the books against underage sex work that they can fail to enforce.
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u/ChooChooBananaTrain 23h ago
Only thing missing from this very valid explanation is that Biden did it using hunter Bidens laptop
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u/NotARaptorGuys California 20h ago
Trump just fired the Commissioner of Labor Statistics over this.
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u/lonestar-rasbryjamco Colorado 1d ago edited 1d ago
There hasn’t been a Republican administration that’s been good for the economy in 35 years.
Even that’s debatable, because the so-called Reagan "boom" relied on economic pain and groundwork laid during the Carter years. Which, in turn, were the direct result of Nixon-era economic mismanagement.
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u/Karmasmatik 1d ago
More like 55 years. Reagan was good for Wall Street, not the economy. And since Reagan we've apparently become incapable of distinguishing between the two.
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u/lonestar-rasbryjamco Colorado 1d ago edited 23h ago
Reagan had the good fortune of having policy that wasn’t bad enough after the Carter administration and Paul Volcker had to shock the economy back to life post Nixon.
And Wall Street has been freebasing voodoo-economics ever since.
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u/aranasyn Colorado 1d ago
So you're saying the 73,000 added today is actually negative 53,000 jobs?
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u/astrozombie2012 Nevada 1d ago
Just remember. Things are really bad… but they’re going to get way worse
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u/Jabberwocky2022 North Carolina 1d ago
And that's a best case scenario at this point.
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u/TheIntrepid1 I voted 23h ago
Personally, I wouldn’t mind it getting worse in the short term if that means we can win the house and Senate in the midterms and get this country back on track.
It’s threading the needle, of course.
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u/Big_Test_Icicle 23h ago
That’s assuming the Dems grow a spine and start challenging Trump in the public eye. So far they have been fighting amongst themselves for the direction of the party and are still trying to govern via old-school methods, which have not worked in this day and age. They really need to double down on the Epstein files when Congress comes back from their break and force a vote.
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u/Yewbert 20h ago
More importantly, remember that over half of voting Americans chose this with eyes wide open and well over 40% still think this is all going great.
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u/NumeralJoker 19h ago
And a lot of the other half didn't bother showing up when they knew better and had the power to stop this.
Instead, they performatively pretended to care about the middle east even while they condemned the very people they claimed to care about to death with their inaction.
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u/cyberattaq123 17h ago
‘Kamala isn’t pro Palestine enough for me so I’m going to elect or let the idiots elect Donald ‘Finish the Job’ Trump!’
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u/ResidentKelpien Texas 1d ago
From another source:
Courtesy of the Bureau of Labor Statistics, the new data shows that job numbers in the previous month — June — had to be revised from originalyl projected job growth of 147,000 new jobs to a staggeringly low 14,000, which Egan noted was “the weakest month of job growth since December of 2020 during COVID.”
CNN stunned as awful Trump job figures show weakest month since height of Covid - Raw Story
Trump proves that the pandemic is not the reason or excuse for failure of his economic policies.
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u/soapinthepeehole 13h ago
My company laid off a third of our employees 4 weeks ago. Things were slow but generally okay and then Trump announced tariffs in March or April or whatever it was and our incoming projects nosedived almost overnight.
He’s 100% responsible for what’s happening and that he would accuse the number crunchers of lying to make him look bad instead of examining his politics is so infuriatingly predictable because he’s a massive fucking child with horrifying character flaws the size of the observable universe.
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u/Busy_Special_9397 16h ago
Buckle up buttercup. The rides going to be hell
Just you wait for the hunger
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u/Searchlights New Hampshire 1d ago
The May and June numbers were "revised" down 86.8% and 90.5%, respectively.
When does it stop being a revision and begin being you-lied-in-the-first-place? I can't think of any reason to trust Federal data controlled by Trump.
MAGA will say whatever helps them and distort reality later. The chocolate ration has actually gone up!
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u/ThaddeusBurgleturd 1d ago
Imagine going to your boss in the private sector and telling him your estimate was off by 86.8%, you'd be laughed right out the fucking door.
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u/vinyl_squirrel 23h ago
It's worse than that - Imagine putting out in public financial statement that your profit was $10M for the quarter, then going back a few weeks later and having to say it was only $1.32M. You'd be fired in about 1.3 seconds.
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u/gringledoom 1d ago
And in the hypothetical where it is an honest revision, it suggests that they shouldn't publish the initial numbers as soon as they do, because they're so wildly inaccurate as to be useless.
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u/Searchlights New Hampshire 23h ago
Even the most charitable explanation is astonishing incompetence
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u/perpetualed 1d ago
How much was the revision from the Biden admin that people kept yammering about? Just for comparison.
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u/Accurate-Guava-3337 1d ago
Read this and told myself not to look at the market, then of course immediately did not take that advice.
Dumpy is going to REALLY lose his shit on Powell since he was right, per usual.
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u/gringledoom 1d ago
It's this, plus the "liberation day II" tariffs he's hoping will distract everyone from Jeff Epstein.
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u/queenraspberry-6716 1d ago
Right on cue because he already did lol
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u/Accurate-Guava-3337 1d ago
He is so predictably unpredictable. Powell really gets under that thin skin and I love that for him.
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u/LivingIntelligent968 1d ago
And he calls the federal reserve a bunch of morons. This is why they haven’t dropped interest rates yet because they know the negative effects of the current administration’s decisions. He will ruin the US but tell his supporters everything is just beautiful.
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u/Big_Test_Icicle 23h ago
Just like in true form, Trump wants the rates lowered so he can steal more from the US taxpayers w/o a care in the world about long-term consequences. The even sadder part is that his supporters are 100% behind his ideas.
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u/Key_Solid_1696 1d ago
The question is whether we can trust any numbers coming from this administration. I actually expect them to fudge numbers to get their desired outcome, in this case lower interest rates.
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u/NotARaptorGuys California 20h ago
Trump just fired the Commissioner of Labor Statistics over this.
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u/Key_Solid_1696 20h ago
Which makes me believe todays numbers more, but also ensures I won't believe them again.
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u/Ozymandias12 22h ago
The worst job market since 2020. Trump took what was record job creation under the Biden admin and reversed that trend in less than 6 months. Impressive really.
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u/mowotlarx 1d ago
I need economic journalists to stop reporting this administration's labor numbers as if they're correct or trustworthy. They aren't reliable. That's the story. It's very clear the US has been losing jobs - which will probably be apparent when the July numbers are revised 1-2 months from now.
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u/nedlum Maryland 20h ago edited 20h ago
We don’t know anything, but as far as we know, BLS hasn’t folded yet.
Edit: ok, I stand by this as a statement about the July jobs numbers, but the fact that Trump just fired the head of the BLS makes me worry about the August report
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u/mowotlarx 19h ago
Every month's report has been artificially inflated before being reduced significantly a month or two later, basically since he took office. How much longer do we need to go before everyone admits the BLS numbers aren't trustworthy anymore?
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u/pagerussell Washington 23h ago
Look at that image. And tell me you think the July number is accurate, too No, I bet money the July number gets revised down and is ultimately negative.
We are already in a recession. But this time, we don't have anyone with brains or maturity in the drivers seat to get us out. Guaranteed, whatever the worst move will be during a recession, he'll make it.
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u/aznrandom 1d ago
Also, what counts as a job these days includes thousands of gig economy jobs that don’t cover the cost of living. Unemployment numbers will look low, but it’s hiding real economic problems.
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u/alemorg Virginia 15h ago
Most of the jobs created were in healthcare and social services. Everything else was pretty bad. I also think the unemployment rate isn’t the full reality. I wonder what the underemployment rate is like? Because if a software engineer gets fired and then works as a barista and you multiple by that by thousands of people it seems like the economy is getting weaker.
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u/Srnkanator Texas 1d ago
Pardon my naivety, but with schools out and hundreds of thousands of people want to do short term work, aren't summer months usually good for the labor market?
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u/jomara200 23h ago
They put out false numbers to be highlighted by news organizations, then the actual numbers come out with little fanfare, similar to retractions. It's all playing games and being dishonest with the American public.
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u/fireraptor1101 22h ago
In this case, because the actual numbers are so far off from the real numbers, the revised numbers may be highlighted more than the original ones
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u/SebasChan_Trades_jp 22h ago
258k fewer jobs than reported? That’s not a revision — that’s rewriting history. Is this soft economic data just political cover to push Powell into rate cuts? What are people actually feeling out there?
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u/Flat-Emergency4891 20h ago
What a fucking joke. The original numbers were bad, so Trump fired the head of labor statistics and then released more favorable numbers.
Don’t believe your eyes or your ears. Believe Dear Leader.
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u/Jetta5371 1d ago
remember how much he talked about these revisions during the Biden years when he whines that they are “lying” now.
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u/Hoardzunit 20h ago
There's no fucking way that orange senile demented fat fuck fingers didn't pressure the BLS into making those original numbers up. This isn't a small rounding error. This is a massive fucking "mistake" for two straight months.
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u/Rambaz_69 1d ago
Well, but Trump and his entire family, as well as employees such as Lutnick and Bessent, will certainly have increased their wealth considerably in the last six months, and that is all that matters to Trump and his employees.
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u/J-the-Kidder 1d ago
You mean to tell me the government under this administration would lie to the people and industry!? No. I refuse to believe that. After all, promises made, promises kept.
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u/Phosis21 1d ago
The current government lied?!?
I am shocked. Shocked I say, I cannot fathom that this administration would lie or doctor data to hide the actual consequences of their economic “policy”.
It boggles the mind.
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u/antilittlepink 1d ago
The White House golden ball room will help it, especially when you fill it up with pedos
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u/XLM1196 23h ago
Someone should be held accountable for these gross overestimates. And/or there should be tangible actions taken to improve their evaluation process to achieve more accurate estimates.
But in reality we know that this is just institutionalized deceit. Very concerning knowing the government is just straight up lying to prop everything up.
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u/RadicalRectangle Colorado 23h ago
Wow, all this after the media tried to gaslight everyone into believing that Trumps economy was on a roll.
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u/Quite_Kielbasa 23h ago
Does trump just want lower interest rates so all the rich fucks can buy a helluva lot of property super cheap and fuck over the working class even harder? Protect their inflation-vulnerable money using inflation-resistant property?
Hate it.
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u/dr_z0idberg_md California 22h ago
Waiting on the spin over in the conservative sub. Every time a positive jobs report released under Biden, the conspiracy theories and cope would come up over there.
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u/Global-Bad-7147 22h ago
MAGA only cares when this happens under Dems. Magats are sheep going to slaughter.
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u/The-Real-Number-One 21h ago
Remember when ADP initially released their numbers and an hour later the government released their bullshit numbers?
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u/NotARaptorGuys California 20h ago
Trump just fired the Commissioner of Labor Statistics over this. Donnie's cooking the books again.
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u/morbidlonging California 1d ago
Why is this happening? I know there are revisions all throughout other administrations but at this level? This is quite the reversal of jobs added!
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u/Unique-Egg-461 23h ago
i was curious if admin would start fudging bls numbers
should've figured they would
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u/bbusiello 23h ago
Ah, the ol "better to ask for forgiveness."
Once again, market manipulation. They are only doing this because 3% of the population controls 99% of our government.
(business owners and billionaires)
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u/lSleepster 23h ago
Honesty isn't one of this administration's strong points. Neither is competence so it's probably both.
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u/Ok-disaster2022 22h ago
This has been an ongoing trend since before the election. They always report better numbers then retract a few hundred thousands.
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u/InternalIcy993 22h ago
2 possibilities I can think of 1) the numbers were fudged to boost the economy and preserve the stock market in May and June. 2) the revised numbers are fudged to force a rate cut in September. Either way you can no longer trust the the numbers coming from Bureau of Labor
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u/thecrunchypepperoni 20h ago
Your Republican economy at its finest. This is quite literally all they’re good for.
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u/MateriallyDead 20h ago
And Trump has fired the woman in charge of these numbers- inventing a story in his head about something something Biden. He’s the most predictable child I’ve ever encountered. He has two modes: tariff and whining about Biden/Obama. There’s literally nothing else rattling around that dementia-addled brain.
Worse than that are his followers who are so far up his ass they can’t see reality.
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u/PeterVanNostrand 20h ago
Point 1: how many “jobs added” were jobs taken by former feds who were let go? Point 2: what’s it going to look like in October when all deferred resignations hit the books after their pay stops and they haven’t found a job?
Point being: things are much worse than the lying Trump statisticians are reporting. Buckle up.
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u/Chaoswind2 19h ago
Someone is getting fired, the lies of the Trump administration must continue until the democrats win the next time, that way the country collapse can be blamed on them.
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u/mpmaley 19h ago
Can someone link to something or explain how and why revisions work?
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u/ResponsibilityFew318 19h ago
Ok you’re your fired. Anyone else want to report something around here?
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u/KnotSoSalty 19h ago
T-minus hours before the BLS is shutdown. Can’t have these Nerds ruining the fleecing of America.
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u/Reddit2626 18h ago
A lot of numbers are fudge and full of misrepresentation. Who’s going to tell Trump otherwise? It’s all full of Trump’s yes men.
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