3 ms·
Lately it seems these are always revised down after the initial release. In a month we may find out that the real numbers are even worse.
by cvwright 2y ago
Lately it seems these are always revised down after the initial release. In a month we may find out that the real numbers are even worse.
- pseudo0 2y agoYup, continuing the trend in this release: > The change in total nonfarm payroll employment for April was revised down by 57,000, from +165,000 to +108,000, and the change for May was revised down by 54,000, from +272,000 to +218,000. With these revisions, employment in April and May combined is 111,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)