Friday's Jobs Report Misinterpreted

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fewer jobs

PBS

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Why the last jobs report before the election will be one of the most distorted in years

Summary

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70% Informative

Friday ’s report will include some of the most distorted monthly employment figures in years .

The report arrives as Republican allies of Donald Trump seek to undercut confidence in the credibility of the monthly jobs reports.

The unemployment rate is expected to remain at a low 4.1 percent .

Once the impact of the hurricanes and strikes are considered, those figures still point to a solid job market.

Critics have seized on the revisions that are often made to the government’s initial estimates as evidence for their false claim that the Biden-Harris administration has manipulated the data.

In August , the BLS said it expected to downgrade its estimate of total jobs in the United States as of last March by 818,000 , or about 0.5 percent of the total.

The BLS revised job counts downward in 2019 , by 514,000 .

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formal

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English

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