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The BLS revises monthly employment figures when it receives data late; in 2023, every month (except December which I think has not been revised yet) has been re
by clipsy 3y ago
The BLS revises monthly employment figures when it receives data late; in 2023, every month (except December which I think has not been revised yet) has been revised downward -- meaning fewer new jobs were added than initially reported. I'm not sure how it compares to previous years, but as I point out in my other post, it is not enough of a difference to push the unemployment over 4.0% at any point in 2023.