Controversy Over US Jobs Data Revisions and Political Reactions
TL;DR Summary
President Trump fired the head of the US Bureau of Labor Statistics after the department revised down recent job numbers by over 250,000, claiming the figures were rigged. However, such revisions are routine and part of the normal data collection process, which involves updating initial estimates as more complete data becomes available. Large revisions, while unusual, have occurred before, especially during economic turmoil, and are not indicative of data manipulation.
Topics:nation#bls#economic-data-reliability#job-revisions#politics#trump-firing-bls-head#us-job-numbers
- Why were US job numbers which riled Trump revised down by so much? BBC
- Opinion | The America We Knew Is Rapidly Slipping Away The New York Times
- Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works CNN
- The jobs data revisions that cost a US government statistician her job Reuters
- Live updates: Trump again bashes jobs report as governors battle over redistricting The Washington Post
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