Bigger bad. Strange headline
this post was submitted on 01 Aug 2025
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United States | News & Politics
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Revisions happen standard procedures. Last administration had similar revisions. Nothing new.
The revisions for both months were by a factor of 10. From 144k to 19k and 145k to 14k. I don't think that was normal under Biden but someone correct me if I'm wrong.
The revised job-growth figures during the Biden administration show approximately 818,000 fewer jobs were added between April 2023 and March 2024 than previously reported.
Did you see numbers for average monthly revisions either total or %?
Second estimate versus first (initial): On average, there was a −16,000 jobs/month revision in 2024 (seasonally adjusted).
Third estimate versus second: An additional average revision of −5,000 jobs/month.
Total average downward revision (first to third): roughly −20,000 jobs/month for 2024.
The annual benchmark revision (released August 2024) adjusted aggregate employment for the 12‑month period April 2023 to March 2024 downward by approximately 818,000 jobs, equivalent to about −68,000 jobs/month compared to the initial published series
These differences reflect typical sampling error corrections, but the −818,000 benchmark revision was significantly larger than usual
So the annual revision for 2025 is going to be something to behold. Popcorn time JPow.