When the apolitical officials at the Bureau of Labor Statistics get new information about the economy, they update prior data to reflect that reality. Why it matters: A string of public figures and ...

Large downward revisions to monthly jobs data in recent weeks put a gigantic spotlight on an incredibly typical procedure for economic data. They also spurred something highly atypical, with President ...

The Bureau of Labor Statistics last week issued a steep downward revision to May and June's hiring numbers, prompting President Trump to call the edits "miscalculations" by the department's ...

Jobs data Friday also painted a slightly more stable employment picture for the 12 months ending in March 2024, compared with previous estimates. As part of its yearly data review, the Bureau of Labor ...

Aug 4 (Reuters) - The revisions to previous estimates of the size of U.S. payrolls gains for May and June that prompted President Donald Trump to fire Bureau of Labor Statistics Commissioner Erika ...

Downward revisions to U.S. job growth numbers are attributed to a slowing economy and job market impacted by trade and immigration policies. Economists believe the revisions reflect a genuine economic ...

The U.S. job market was weaker than originally reported over the previous year, according to a preliminary report released Tuesday by the Bureau of Labor Statistics, which previously drew the ire of ...

Secretary of Labor Lori Chavez-DeRemer blamed data collected during President Joe Biden's administration after a report Tuesday showed that the U.S. job market was much weaker in 2024 and early this ...