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I see up and down revisions with pockets of each all over this graph. This does not seem to present a strong argument that the Biden administration is actively
by trust_bt_verify 2y ago
I see up and down revisions with pockets of each all over this graph. This does not seem to present a strong argument that the Biden administration is actively lying about jobs data.
- _heimdall 2y agoThe 12-month average has been negative since January of 2023. Their zoom on mobile doesn't work very well, I earlier missed a similar year or so of negative 12-month averages around 2016, but in general going back to the late 80s the adjustments seem to have heavily favored the side of adjusting up rather than down. Its not a huge indicator and I didn't imply anything should be read into it, but it is an interesting change in the long-term pattern worth looking into.
- nuclearnice3 2y ago> I didn't imply anything should be read into it FYI, this sentence -- "It seems like every jobs report is lowered after the news cycle picks up the inflates numbers and they're free to adjust to the real data" -- gave me the sense that you meant the numbers were manipulated to put out good news. I think that's what the other poster was picking up on.