• zifnab25 [he/him, any]
    ·
    9 months ago

    Yeah, the headline seems to belie the much less scandalous story that initial surveys aren't as reliable as more time-consuming-but-accurate hiring estimates.

    Also, the "1M less jobs" number is absolute bullshit. BLS has the revision at around 200,000

    The over-the-year change in total nonfarm employment for March 2023 was revised from +4,048,000 to +3,836,000

    which is still an enormous uptick in new jobs annually and in no way indicative of a weak economy on its face.

    Blah blah neoliberal economics bad, blah blah quality of live metrics not included, blah blah glorious people's revolution blah blah things will be different. That said, this site's claims are trash and nobody should be taking anything the Daily Caller prints seriously.

    • GaveUp [she/her]
      hexagon
      ·
      edit-2
      9 months ago

      Also, the "1M less jobs" number is absolute bullshit. BLS has the revision at around 200,000

      The over-the-year change in total nonfarm employment for March 2023 was revised from +4,048,000 to +3,836,000

      This number is also exactly what is reported in the article. 200k jobs revised downwards in MARCH 2023

      The total revisions across the entirety of 2023 sums up to > 1 million

      Please don't discredit my conservative news sources. You commies could learn a thing or two from the other side

      • zifnab25 [he/him, any]
        ·
        9 months ago

        200k jobs revised downwards in MARCH 2023

        That was the over-year total, which is to say March 2022 to March 2023. We didn't create 3.8M jobs in March alone.

        Please don't discredit my conservative news sources.

        I know this is trolling but it upsets me nonetheless.

        • GaveUp [she/her]
          hexagon
          ·
          edit-2
          9 months ago

          Oh you right I looked at the raw data more carefully and the revisions for 2023 total meant they actually their forecasts were about 100k short haha

          Sorry about the trollin