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Jobs, Revisions

The New York Times · 8h

Why the B.L.S. Regularly Revises Jobs Data

President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big downward revision as “rigged.”

Fox Business on MSN · 1d

Why does the Labor Department revise jobs reports? Here are 3 reasons

The Bureau of Labor Statistics' jobs report revisions are standard practice to improve data accuracy as more businesses respond to surveys, contrary to President Donald Trump's claims of rigged numbers.

CBS News on MSN · 1d

How unusual are jobs numbers revisions? According to experts, they're a common feature.

While the downward revision of May and June payroll growth by 258,000 marked the largest two-month downward revision to the jobs numbers since 1968, revisions themselves are not uncommon. Revisions are "a feature, not a bug" of the agency's reporting process, Erica Groshen, former BLS commissioner under the Obama administration told CBS MoneyWatch.

Trump again bashes jobs report

The Associated Press - Busines… · 13h

Trump Says He Doesn't Trust the Jobs Data, but Wall Street and Economists Do

The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it

Former head of BLS dismisses Trump claim of ‘rigged’ jobs report

President Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence. Former Labor Statistics officials say that the commissioner typically doesn’t have a role in preparing the monthly jobs report.

The Washington Post on MSN · 1d

Trump again bashes jobs report as governors battle over redistricting

Days after firing the official responsible for compiling the nation’s jobs statistics, President Donald Trump again claimed without evidence that last week’s jobs report, which showed lackluster July employment growth and large downward revisions for hiring in May and June,

2hon MSN

From jobs to safety, biggest railroad union fears 'meltdowns' from Union Pacific-Norfolk Southern merger

The leader of the largest railroad labor union says the creation of a new transcontinental freight rail network will create ...

7hon MSN

UC must reconsider policy barring undocumented students from jobs, court rules

A California court ruled that the UC system's policy banning the hiring of undocumented students on campus is discriminatory ...

5h

Getting Jobs Done: Why This Philosophy Is The Future Of Business

1. Focusing on doing what only you can do. 2. Letting go of the rest (but only to people you’d trust with your own reputation ...

3h

AI is coming for these jobs by 2030. Here's how to future-proof your work — and wallet

Every week there's another headline about AI taking our jobs. The good news? There’s time to position your career and money ...

3h

The jobs most at risk from AI

The AI market is increasingly competitive, with tech companies in a race to achieve AGI. OpenAI and Meta are among the ...

12h

Bayer says it has cut 12,000 jobs so far under restructuring push

Bayer said on Wednesday it had cut about 12,000 full-time positions since the start of a restructuring programme to speed up ...

1don MSN

Trump fires labor official over weak jobs number, orders criminal probes of past opponents

Trump fires Bureau of Labor Statistics commissioner Erika McEntarfer after disappointing July jobs report, claiming the ...

1don MSN

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

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