Tuesday, August 5, 2025

Why were US job numbers which riled Trump revised down by so much?

Prof Abraham said updates are part of the process and she was not surprised to see such large revisions for May and June, given increased difficulty of collecting responses and lack of investment in new methods - and the wider slowdown in the economy, driven in part by new tariffs. 

"It's always difficult when you're at a point where things may be changing and then you add to that the fact that staffing has been constrained and the agencies haven't had the resources to invest in following up with respondents the way they might have in the past," she said...

https://www.bbc.com/news/articles/c9wyp2kk1e5o


 

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