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

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.

President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence

Business Insider on MSN · 1d

The BLS does have a jobs data problem, but it's not what Trump says

President Donald Trump fired the commissioner of the BLS after a disappointing jobs report. It likely won't help the data get better.

Trump, jobs

Vox.com on MSN · 1h

The jobs report is a big deal. Trump’s response is an even bigger one.

The numbers showed that the US economy added a modest 73,000 jobs in July, several thousand under what economists had forecasted. But the real surprise came in the revisions to data from May and June, which found the country added 258,000 fewer jobs than initially reported.

Deseret News on MSN · 2d

Trump fired the BLS chief for a bad jobs report. Here’s how those numbers are gathered

The Bureau of Labor Statistics uses surveys to collect economic data including employment counts, wages and inflation.

Yahoo · 2d

Trump claims ‘my opinion…jobs numbers were rigged’ but gives no supporting facts

After Friday’s weak jobs report was released, prompting the firing of the Commissioner of Labor Statistics by President Trump, many questions remain about the White House’s justification for doing so.

1don MSN

Facing facts about Trump and the jobs numbers

In announcing the firing of the government’s chief labor statistician last week, President Trump condemned the works of Erika ...

2don MSN

Former General Electric CEO Jack Welch once claimed the jobs numbers were faked. How did that turn out?

In today’s CEO Daily: Diane Brady on that time Jack Welch claimed the job numbers were being manipulated. The big story: ...

Jobs data firestorm: Trump blasts ‘rigged’ numbers after poor hiring revisions

President Trump fired the BLS commissioner after accusing the agency of rigging job numbers. The firing follows sharp ...

5don MSN

Trump fires a senior official over jobs numbers

President Donald Trump has fired Dr. Erika McEntarfer, the commissioner of the Bureau of Labor Statistics, whom he accused of ...

1don MSN

Official jobs numbers show it's a bad time to be looking for work—unless you're in this field

The U.S. economy added just 73,000 nonfarm jobs in July, according to the latest jobs report from the Bureau of Labor Statistics. That's below market expectations and the roughly 80,000 benchmark for ...

3don MSN

Larry Summers says Trump's accusations of manipulated jobs numbers are ‘preposterous’

Trump blasted Erika McEntarfer, the now-former commissioner of Labor Statistics, after the release of some disappointing jobs ...

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