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Revisions, the jobs report

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.

NBC News on MSN · 2d

Jobs data revisions are common. Here's how the process works.

The commissioner Trump fired over “rigged” jobs report most likely didn’t have a hand in assembling the report, former BLS officials say.

Trump, Bureau of Labor Statistics and jobs

Fox Business on MSN · 2d

Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.

Fox News · 1d

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 73,000 job gain figure was rigged against Republicans.

Cfr.org · 1d

Will Trump’s Firing of the Labor-Data Chief Raise U.S. Financing Costs?

Immediately following publication of the recent dismal jobs report from the Bureau of Labor Statistics (BLS), President Trump fired its top official, Commissioner Erika McEntarfer. Trump asserted,

15h

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 ...

17hon 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 ...

9hon MSN

Fed's Cook says tepid July jobs data merits concern

(Reuters) -Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” ...

23hon MSN

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 ...

4hon MSN

Fed official says last week's jobs revisions could signal an economic turning point

Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...

13hon MSN

Why jobs revisions that led Trump to fire statistics head were so huge

The jobs report revisions that prompted Trump to fire the BLS commissioner were historically large. Here's why (Hint: it wasn ...

12hon 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 ...

1don MSN

The jobs report that enraged Trump was flashing a recession warning sign

The bad news in last Friday’s jobs report may have been overshadowed when President Donald Trump fired the commissioner in ...

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