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Bad news for Trump

No.1424417 View ViewReplyOriginalReport
More bad news on the economy. Turns out the BLS was cooking numbers the entire time during Biden's presidency. You thought it was bad they revised Trump's numbers down by 50k? They just revised down March 2024-march 2025 by nearly 1 million.
That means they over reported bidens employment gains by nearly a million leading up the the election.
This is the largest correction ever since the BLS started tracking these numbers
https://www.newsweek.com/donald-trump-bad-news-us-economy-jobs-2108440
Donald Trump Gets Even More Bad News on US Economy

Analysts expect U.S. jobs figures to face further revisions this year, after downward adjustments to recent data angered President Donald Trump and led him to the fire the country's top employment statistician.

Analysts expect U.S. jobs figures to face further revisions this year, after downward adjustments to recent data angered President Donald Trump and led him to the fire the country's top employment statistician.

According to a note released by Goldman Sachs over the weekend, preliminary revision estimates set to be published by the Bureau of Labor Statistics (BLS) in September will reveal a 550,000-950,000 downward revision for the 12-month period through March 2025.

Although the period subject to such change overlaps with more of Joe Biden's presidency than Trump's second term, these substantial revisions will be viewed against the backdrop of the White House's recent criticism of the agency.

Following a weak jobs reading on Friday, and substantial revisions to earlier data, the president accused the BLS commissioner, Erika McEntarfer, of rigging data to reflect poorly on his administration and fired her from her post.

This move has been roundly criticized by officials and lawmakers on both sides of the aisle, who believe it will undermine the credibility and independence of the BLS, but the White House has pointed to other significant revisions as evidence of persistent inaccurate data-gathering by the agency.