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Notes -
From January 2022 through October 2024, it was revised downward 21 times averaging 50k, and revised upward 13 times, averaging 25k. So, for every three times they revised downward, they revised upward twice, and across those average five revisions, they overestimated by 20k per month.
I picked the start date because that's when the numbers started to look normal after COVID nonsense. I picked the end date because of a certain something that happened in November 2024. It's even worse if you start from 2023, because from 1/23 through 8/24 (the vibes were shifting), we had 4 upward revisions and 16 downward revisions, averaging -36k per month.
The numbers were cooked, constantly, to make Biden look good.
Okay, I'm glad we agree it's not the same direction every time.
Huh?
Trump I, Jan 2017 - Dec 2020: Average revision -11k. 24 down, 24 up.
Biden, Jan 2021 - Dec 2024: Average revision +25k. 22 down, 26 up.
Trump II, Jan 2025 - Jul 2025 (latest data with 3rd revision available): Average revision -70k. 6 down, 0 up.
We've got a pretty balanced number of up and down revisions during Trump I and Biden. The average adjustment during Biden's term was up, and during Trump's terms it's down.
So if you think the initial numbers are cooked and the revision is more accurate, then in fact the cooked numbers were unfavorable to Biden and favorable to Trump.
If you think the initial numbers are more accurate and the revision is cooked, then it's not clear why it's even necessary to cook the revision. It should be just as easy to cook the initial number instead, and then there's no pesky revisions that people can point to.
Is the BLS not able to cook the numbers due to COVID?
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