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Wed Aug 21, 2019, 09:58 AM

U.S. created 501,000 fewer jobs as of March 2019 than previous reported

Source: Marketwatch

WASHINGTON (MarketWatch) - The U.S. economy had 501,000 fewer jobs in March 2019 than previously reported, government revisions show, suggesting that hiring was not as strong in the past year as it seemed. Hiring was weaker in retail, restaurants and hotels. The annual revision is much larger than is typically the case. The preliminary revision in 2018, for example, was just 43,000. Every year the Bureau of Labor Statistics updates its figures based on unemployment data that nearly all employers are required to file with the states. The current revision is one of the largest ever.

Read more: https://www.marketwatch.com/story/us-created-501000-fewer-jobs-as-of-march-2019-than-previous-reported-2019-08-21?mod=bnbh



Just for emphasis:

The current revision is one of the largest ever.

58 replies, 4344 views

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Reply U.S. created 501,000 fewer jobs as of March 2019 than previous reported (Original post)
UpInArms Aug 21 OP
Mike 03 Aug 21 #1
TheRealNorth Aug 21 #6
Cryptoad Aug 21 #40
FakeNoose Aug 21 #46
democratisphere Aug 21 #2
sandensea Aug 21 #31
Peregrine Took Aug 21 #36
mahatmakanejeeves Aug 21 #38
CloudWatcher Aug 21 #41
mahatmakanejeeves Aug 21 #42
CloudWatcher Aug 21 #49
onenote Aug 21 #52
ProudMNDemocrat Aug 21 #3
durablend Aug 21 #13
DBoon Aug 21 #45
Hugin Aug 21 #4
machoneman Aug 21 #5
lapfog_1 Aug 21 #7
SweetieD Aug 21 #8
Meadowoak Aug 21 #9
Javaman Aug 21 #10
bucolic_frolic Aug 21 #11
ffr Aug 21 #12
Freethinker65 Aug 21 #14
mr_lebowski Aug 21 #51
NickB79 Aug 21 #53
mr_lebowski Aug 21 #55
cstanleytech Aug 21 #15
Clarity2 Aug 21 #16
global1 Aug 21 #17
Judi Lynn Aug 21 #18
DrToast Aug 21 #19
progree Aug 21 #20
DrToast Aug 21 #23
qazplm135 Aug 21 #34
wolfie001 Aug 21 #21
progree Aug 21 #22
Wellstone ruled Aug 21 #24
progree Aug 21 #25
herding cats Aug 21 #37
progree Aug 21 #48
mr_lebowski Aug 21 #54
progree Aug 21 #56
slumcamper Aug 21 #26
Scruffy1 Aug 21 #27
exboyfil Aug 21 #28
IronLionZion Aug 21 #29
mahatmakanejeeves Aug 21 #30
progree Aug 21 #33
MarkmBha1 Aug 21 #32
mahatmakanejeeves Aug 21 #35
area51 Aug 21 #39
NoMoreRepugs Aug 21 #43
duforsure Aug 21 #44
wiggs Aug 21 #47
Bengus81 Aug 21 #50
AKing Aug 21 #57
Nitram Aug 22 #58

Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:01 AM

1. Wow, that's some revision! nt

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Response to Mike 03 (Reply #1)

Wed Aug 21, 2019, 10:06 AM

6. Whats a half a million jobs?

When there is so much winning!

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Response to Mike 03 (Reply #1)

Wed Aug 21, 2019, 12:00 PM

40. BLS is lap dog for Don da Con

they will make stats read any way he wants them to read....job security i guess!

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Response to Cryptoad (Reply #40)

Wed Aug 21, 2019, 12:46 PM

46. Until a few weeks ago the Secretary of Labor

... was Alex Acosta. Does anybody see a pattern here?

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:04 AM

2. I knew the lying, cheating bastards were rigging the employment numbers.

Can't trust anything this administration says or does. Ever.

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Response to democratisphere (Reply #2)

Wed Aug 21, 2019, 11:22 AM

31. +1

Hence Cheeto's caterwauling about "left-wing" economists cooking the books against him, just the other day.

The fat bastard knew this revision was coming (plus others in the near future, no doubt), and wanted to get ahead of the story.

He's nothing if not predictable.

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Response to democratisphere (Reply #2)

Wed Aug 21, 2019, 11:37 AM

36. Me, too. I don't believe anything that comes out of this government. Period! n/t

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Response to Peregrine Took (Reply #36)

Wed Aug 21, 2019, 11:51 AM

38. US Naval Observatory Master Clock Time

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Response to mahatmakanejeeves (Reply #38)

Wed Aug 21, 2019, 12:03 PM

41. working url for time ...

That link failed for me, this one works ...

https://tycho.usno.navy.mil/simpletime.html

Humor: it was wrong!

The page took a few seconds to load the first time, and it was off by about 4 seconds from my NTP-sync'd Macbook. I reloaded the web page and now the web animated display is in sync with the clock on my Mac.

I.e. the animation is cute, but it does not take into account network delays and doesn't correct itself after starting up.

Not sure how I can blame this on Trump, other than lack of accountability/expertise at all levels.

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Response to CloudWatcher (Reply #41)

Wed Aug 21, 2019, 12:04 PM

42. Browser issue?

I'm using Google Chrome on a Dell laptop. I have had issues with government (and one other) URLs that had to have MSIE or Edge or whatever it's called now to work right.

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Response to mahatmakanejeeves (Reply #42)

Wed Aug 21, 2019, 01:37 PM

49. DNS issue

Interesting! Yes, your URL is fine. It looks like a DNS server is sometimes failing on the name lookup for www.usno.navy.mil. I'm guessing there is/was a ".mil" DNS server being very very slow or just returning no-such-name for it. I had it fail here and also on a virtual linux system that I test with out in the cloud. But kicking DNS a couple of times eventually worked. Ah, and it also (a few times) failed for tycho.usno.navy.mil. A puzzle!

Btw, thanks for the link, pretty cool site (when DNS lets me into it)

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Response to democratisphere (Reply #2)

Wed Aug 21, 2019, 04:03 PM

52. If they were rigging them why would they correct them?

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:05 AM

3. That is HUGE! Wonder if Trump will brag about that???

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Response to ProudMNDemocrat (Reply #3)

Wed Aug 21, 2019, 10:14 AM

13. Sure he will

"LYING FAKE MEDIA TRYING TO TEAR DOWN OUR BIGLY GREATEST ECONOMY!!!! BIGGEST JOBS EVER!!!!"

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Response to ProudMNDemocrat (Reply #3)

Wed Aug 21, 2019, 12:38 PM

45. His followers would believe he had created that many jobs

It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday [] it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. [...] The eyeless crature at the other table swallowed it fanatically. passionately, with a furious desire to track down, denounce, and vaporize anyone who should suggest that last week the ration had been thirty grams. Syme, too-in some more double complex way, involving doublethink-Syme, swallow it. Was he, then, alone in the possession of a memory?

https://www.goodreads.com/quotes/8887641-it-appeared-that-there-had-even-been-demonstrations-to-thank

That quote from 1984 came immediately to mind

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:05 AM

4. "The current revision is one of the largest ever."

They're lying to us.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:05 AM

5. Trumpy's minions have been cookin' the books for some time now.

How do we know this? Because the OrangeFueher accused our last real and duly elected President Obama of doing the very same thing.

Except Obama and his professional staff would have never done this.

Projection much, Trumpy?

Oddly, this will still all come out in the wash as their scramble to hide the real data will not stop the coming recession. And even Wall Street, that bastion of red voters, can't be fooled by these sophomoric attempts to hide the truth!

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:06 AM

7. I joined a large corporation in January.

The week I started there was orientation for new hires... 137 in that week alone...

One of the largest new hire groups in the companies history.

Now... 3 quarters later... there has been a hiring freeze for the last 8 months... and very few replacement hires for people who retired or moved on to other companies.

We are preparing for a recession, even though last quarter was a bang up quarter for us... higher gross income, better margins, flat expenses...

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:06 AM

8. So at this point they are just straight up lying. That is more than a revision it is a


Cover up. Who knows what the next few months revisions will be.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:08 AM

9. I don't trust any Numbers the Trump administration puts out. They will do anything to paint a rosie

Picture. Expect lots of fake numbers in the coming year. They are desperately trying to hide the fact that a recession is near.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:11 AM

10. we've tipped off the edge and are gaining momentum as we slid toward the bottom...

queue the rant by the orange asshole.

but the more he screams, the worse it gets.

we are heading head first into a recession and if the orange asshole pulls another crooked election, I am going on record to say, we are going to hit a depression.


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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:11 AM

11. Gigantic number to make up for past lies and make room for new ones until Nov 2020

It's a strategy. Now the lying can continue with the greatest jobs gains ever. This has quintessential Trump written all over it.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:14 AM

12. This would explain business closings across some flyover states

What you see with your own eyes doesn't jibe with what our government says is happening.

Sounds like a cover-up to me to fool enough people into casting ballots for the next Recession Republican.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:22 AM

14. Truly hope someone missed a decimal point in the revision and it is 50,000 jobs

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Response to Freethinker65 (Reply #14)

Wed Aug 21, 2019, 02:20 PM

51. The whole article makes no sense ...

There's basically never 500,000K jobs created in one month, period, much less the numbers being off by that much. Then the article talks about annual numbers, and 'total number of jobs', not just 'newly created jobs'.

I can't make heads or tails of what's going on by the excerpt, and the excerpt is so poorly written I don't care to read the rest frankly.

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Response to mr_lebowski (Reply #51)

Wed Aug 21, 2019, 04:43 PM

53. This article is talking about a 12-month period, not one month

Basically, from March 2018-March 2019, we added 500K fewer jobs that we originally thought.

So say we thought we added 3.5 million jobs in a year. In reality it was only 3 million.

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Response to NickB79 (Reply #53)

Wed Aug 21, 2019, 05:07 PM

55. That's not what post #25 seems to suggest ...

Sounds to me like there was 500,000 less people employed overall in the Month of March, 2019 (a -.3% downward reduction) than the initial estimate.

These are not 'jobs created' numbers, other than tangentially.

Headline doesn't actually match the story.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:22 AM

15. Is anyone really surprised that the Trump administration is caught lying yet again?

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:24 AM

16. I never trusted their numbers either

And retail/restaurant/hotel: people are spending less and traveling less. It was inevitable. They gave all the tax cuts to the wealthy. The wealthy are spending on premium retailers. The low and middle class are reigning in spending. It's no surprise Walmart is doing so well. People are trying to stretch their dollars.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:27 AM

17. I Can't Wait To Hear Trump's Explanation For This......

I'm guessing that he'll be saying that these numbers are fake.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:28 AM

18. Great catch. Thank you, UpInArms. n/t

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:37 AM

19. This thread is embarrassing

The numbers get revised every year. Larger revisions tend to occur around turning points in the business cycle.

If Trump was lying about the numbers, then why would they release corrections?!

Good lord....I thought only the right was susceptible to crazy conspiracies. Guess not.

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Response to DrToast (Reply #19)

Wed Aug 21, 2019, 10:51 AM

20. What's more, the Bureau of Labor Statistics (BLS) produces both the monthly jobs reports

and all the tons of statistics that go with it ( www.bls.gov ) and they also do the annual revisions. It's not like "the Trump administration" produces the jobs report, and some kind of media watch dog or some Inspector General or other knight in shining armor or some such does the revisions, as some seem to think.

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Response to progree (Reply #20)

Wed Aug 21, 2019, 11:03 AM

23. Exactly!

I dont trust the BLS numbers!

Well, the BLS just released their annual revisions that involved a decreased job count.

Oh, Im sure those numbers are accurate.

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Response to DrToast (Reply #19)

Wed Aug 21, 2019, 11:33 AM

34. Yeah pretty much

 

you don't lie to then reveal it. What's the point of that, it's worse than just putting the numbers out straight.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:53 AM

21. Did they include all of those $1.50/hr app jobs?

Donald dump and his fake economy.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 10:53 AM

22. I'm looking for exactly what months were revised .... but in the meantime I ran across this

Job Growth in 2018 Slower Than We Thought, Kevin Drum, political blogger, MotherJones website, 8/21/19
https://www.motherjones.com/kevin-drum/2019/08/job-growth-in-2018-slower-than-we-thought/
Tweet from Gregory Daco - with a graph New data reveals slower employment growth (we extrapolated revisions) going into 2020.

/photo/1


Don't ask me what this means:
" (we extrapolated revisions) going into 2020."


The graph clearly doesn't go any further than July 2019 (well maybe August 2019 but I doubt they have any kind of August numbers)

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:04 AM

24. Big thank you for your post.

As someone who is older than dirt. Seen this disappearing Jobs Thing at least four times. Only difference,truth in reporting. The Racist Accused Rapist said from the get go,he would Juice the Numbers. After all,it is a Sales point of bragging how great he is and the USA needs to be the greatest.

After six decades of doing Business to Business Sales and Services,one sees the real truth on the ground. Sorry to say,this shit show started with the GOP Tax give away. You can only suck just so much out of people's wallets with out a major economic disaster.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:05 AM

25. Found this from BLS.gov itself

All emphasis mine -Progree

https://www.bls.gov/web/empsit/cesprelbmk.htm

CES Preliminary Benchmark Announcement
In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).

Preliminary benchmark revisions are calculated only for the month of March 2019 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued [in February 2020 -Progree].

Table 1 shows the March 2019 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.


One has to click the link to see the table -- it doesn't paste in a readable way here.

EDITED TO ADD:

Here's the job series they are talking about: https://data.bls.gov/timeseries/CES0000000001

anyway they haven't changed it (as indicated in the BLS announcement above, they aren't revising the series until February 2020) -- just to check, I compared the March and July numbers with what I had previously downloaded when the jobs reports came out (as for the March one, I looked at the May jobs report that includes March in Table B-1 after the usual 2 revisions they make).

(to see monthly changes: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth )

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Response to progree (Reply #25)

Wed Aug 21, 2019, 11:47 AM

37. That's around 42k less jobs per month than originally thought.

Which implies a definite slowing down of growth. It's not light our hair on fire time, but Powell is going to be cutting rates more aggressively.




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Response to herding cats (Reply #37)

Wed Aug 21, 2019, 12:59 PM

48. I'm working on updating this:

Last edited Wed Aug 21, 2019, 06:54 PM - Edit history (1)

This was created back on August 2 when the July numbers were reported:

Job growth has already slowed down in 2019 so far.
Summary: Average monthly net new jobs created
220,000 Obama's last 30 months (includes all of January 2017)
191,000 Trump's 30 months (February 2017 through July 2019)
165,000 2019 so far (January through July)
141,000 February through July 2019

Job numbers: https://data.bls.gov/timeseries/CES0000000001

Monthly changes: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

And yes yes, the unemployment rate is at about 50 year lows, but note that the prime age (25-54) labor force participation rate is below the pre-Great Recession average, going back to about 1987. (And it dropped another 0.2% in July)
http://data.bls.gov/timeseries/LNS11300060
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=12256909

############################################################

To revise, I guess the 501,000 revision is for the 12 month period April 1, 2018 through March 31, 2019 (9 months in 2018, and 3 months in 2019)

and like you say that's about 42,000/month average. So I'd revise the "Trump's 30 months" above by 501,000 total fewer jobs (which over 30 months comes to 16,700 fewer jobs/month average)

and revise the "2019 so far" by 501,000/12 * 3 months = 125,250 total fewer jobs (which over 7 months comes to 17,893 fewer jobs per month average)

and the "February through July 2019" by by 501,000/12 * 2 months = 83,500 fewer total jobs (which over 6 months comes to 13,917 fewer jobs per month average)

or something.

If so, it would look something like:

220,000 Obama's last 30 months (includes all of January 2017)
174,300 Trump's 30 months (February 2017 through July 2019)
147,000 2019 so far (January through July)
127,000 February through July 2019

The above isn't final -- I will have to work with the actual job numbers rather than working with the rounded averages from my first table, but should be reasonably close unless I made a big boo boo. And of course assuming that the 501,000 downward revision applies to the period April 2018 through March 2019. (and I can only assume the amount of the revision each month is the same, given no other information).

EDITED 402p ET - corrected Trump's 30 months in above from 178,000 to 174,300.

EDITED 755p ET - See post #56 -- they will be revising the 12 monthly numbers January through December of 2019
So it looks like the entire 501,000 revision (if that number holds) will all be in the 2019 numbers. So what I did above is not quite right.




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Response to progree (Reply #25)

Wed Aug 21, 2019, 05:02 PM

54. So basically this isn't a 'jobs created' number, it's a 'total employed' number

I.E. instead of 150,000,000 people being employed in March 2019, there was really only 149,500,000 people employed that month (numbers are for example only).

Correct?

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Response to mr_lebowski (Reply #54)

Wed Aug 21, 2019, 06:43 PM

56. I don't know if it's correct, but that's how I see it too ...

I guess for this one, they focused on getting a more comprehensive and accurate total non-farm payroll employment count for the month of March.

I've never studied this benchmark revision stuff before -- I've been aware of it, and know that a year's worth of numbers at https://data.bls.gov/timeseries/CES0000000001
changes and they make an announcement that I see when I read the report each Februrary ...

The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.


The January 2020 Employment Situation news release comes out the first Friday of February (well usually but not always the first Friday).

Here is the one from early February of 2019 published with the January 2019 Employment Situation that I downloaded when it came out -- http://www.bls.gov/news.release/pdf/empsit.pdf

Unfortunately that URL is the latest release, in this case the July 2019 situation released Aug 2. I don't know how to find the older releases. The only reason I have the January 2019 Employment Situation is because I downloaded and saved it at the time.

Anyhoo, here it is:

Revisions to Establishment Survey Data

In accordance with annual practice, the establishment survey data released today have been
benchmarked to reflect comprehensive counts of payroll jobs for March 2018. These counts are derived
principally from the Quarterly Census of Employment and Wages (QCEW), which counts jobs covered
by the Unemployment Insurance (UI) tax system. The benchmark process results in revisions to not
seasonally adjusted data from April 2017 forward. Seasonally adjusted data from January 2014 forward
are subject to revision. In addition, data for some series prior to 2014, both seasonally adjusted and
unadjusted, incorporate other revisions.

The total nonfarm employment level for March 2018 was revised downward by 1,000 (-16,000 on a not
seasonally adjusted basis, or less than -0.05 percent). The absolute average benchmark revision over the
past 10 years is 0.2 percent.

The effect of these revisions on the underlying trend in nonfarm payroll employment was minor. For
example, the over-the-year change in total nonfarm employment for 2018 was revised from +2,638,000
to +2,674,000 (seasonally adjusted). Table A presents revised total nonfarm employment data on a
seasonally adjusted basis from January to December 2018.

All revised historical establishment survey data are available on the BLS website at
www.bls.gov/ces/data.htm. In addition, an article that discusses the benchmark and post-benchmark
revisions and other technical issues is available at www.bls.gov/web/empsit/cesbmart.htm.

Table A. Revisions to total nonfarm employment, January to December 2018, seasonally adjusted
(Numbers in thousands)


And then it has for each month of 2018, January, February, ... , December:

Level as previously published
Level as revised
Difference

Over the month change as previously published
Over the month change as revised
Difference

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:07 AM

26. Cookin' the books & pulling the wool over deplorable eyes. LIES, all lies. n/t

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:11 AM

27. Sounds like the rats are abondoning the ship.

Wouldn't loo0k good on your resume if tou were caught cheating. Even the Koch brothers appointee in charge of BLS is covering his ass. Time for an investigation.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:13 AM

28. Hiring freeze at my company

Even for back fills now. My boss is stuck with three open reqs.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:15 AM

29. Socialist sounding Bureau of Labor Statistics and their "seasonally adjusted" socialism



GOP claimed all these numbers were fake during the Obama years.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:18 AM

30. Announcement 2019 CES Preliminary Benchmark Revision

{edited} I see progree already did this: Found this from BLS.gov itself

Announcement 2019 CES Preliminary Benchmark Revision

Current Employment Statistics - CES (National)

CES Preliminary Benchmark Announcement

In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).

Preliminary benchmark revisions are calculated only for the month of March 2019 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued.

Table 1 shows the March 2019 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.

{snip the charts}

Last Modified Date: August 21, 2019

{more editing:}

Start here to see the archival data: Current Employment Statistics - CES (National)

Go over to the left hand side of the page. There's a column of topics. Go down the column:

BROWSE CES

SEARCH CES

CES TOPICS

Under CES TOPICS, click on BENCHMARK.

You'll go to Current Employment Statistics - CES (National) Tables Created by BLS - Benchmark Information

In that category, click on Archived Benchmark Articles

They have .pdfs going back to March 2002.

HTH.

Thanks for the thread, UpInArms. Good job.

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Response to mahatmakanejeeves (Reply #30)

Wed Aug 21, 2019, 11:32 AM

33. Here's the job series they are talking about (the famed and storied non-farm payroll job numbers

that are widely headlined by the media every month when it comes out (usually the first Friday of the month)

https://data.bls.gov/timeseries/CES0000000001

anyway they haven't changed it (as indicated in the BLS announcement above, they aren't revising the series until February 2020) -- just to check, I compared the March and July numbers with what I had previously downloaded when the jobs reports came out (as for the March one, I looked at the May jobs report that includes March in Table B-1 after the usual 2 revisions they make).

(to see monthly changes: https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth )

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:31 AM

32. There is little left uncouched by this corrupt administration.

Hurry, Speaker Pelosi.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:36 AM

35. How to find archived benchmark articles going back to March 2002

Start here to see the archival data: Current Employment Statistics - CES (National)

Go over to the left hand side of the page. There's a column of topics. Go down the column:

BROWSE CES

SEARCH CES

CES TOPICS

Under CES TOPICS, click on BENCHMARK.

You'll go to Current Employment Statistics - CES (National) Tables Created by BLS - Benchmark Information

In that category, click on Archived Benchmark Articles

They have .pdfs going back to March 2002.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 11:59 AM

39. Anyone trying to get a job

knows this economy is bad.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 12:30 PM

43. So if 10,000 BabyBoomers are hitting 65 every day and a bunch of them work and a bunch of them

are employed at mandatory retirement establishments how does that figure into the job creation/loss numbers??

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 12:32 PM

44. You know we're in a trump recession

When he claims the opposite. We better hope something is done before he turns into a depression.hopefully 5 or more real republicans switch party and dump Moscow Mitch, and change the direction trump is taking this country.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 12:47 PM

47. Trump lying, throwing tantrums. Market up. (??!) nt

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 02:11 PM

50. I've said--and been shot down this is ALL SMOKE and MIRRORS BS...........

I can see it where I live,there is NO BOOMING economy.

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Response to UpInArms (Original post)

Wed Aug 21, 2019, 07:44 PM

57. Retail, restaurants and hotels....all segments that rely heavily on disposable income...that alone..

might be what's scaring the crap out the orange menace.

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Response to UpInArms (Original post)

Thu Aug 22, 2019, 10:40 AM

58. "Fake News!"

Trump's predictable response.

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