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Tomorrow - We See if the Numbers are Skewed

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
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the numbers they provided month by month are generally over-stated. Will they be now?
 
The BLS has lost a substantial amount of credibility with their 'consistent' revisions on the Labor number. CPI numbers have been shaved too. All the major media companies are owned by billionaires and they put their elbow on the scale of 'fairness.'

‘Unprecedented’ positive media for Harris, 89% negative for Trump
Story by Paul Bedard, Washington Examiner

 
It would be interesting to plot the reported numbers vs. the revised numbers for the past 20 years and see if a trend emerges. If there is a built in uncertainty, then the numbers should randomly be either above or below in about equal numbers. If consistently high or low, then that can be adjusted out of the data just like we make seasonal adjustments to those same numbers.
 
Daughter sat thru two in person interviews today in Brisbane, CA. One was with a company with 18,000 employees, https://www.expeditors.com/about-us/.
My daughter went through same ordeal. She was laid off and almost ran out of employment going through many remote interviews before she finally got the job she wanted.
 
The BLS has lost a substantial amount of credibility with their 'consistent' revisions on the Labor number. CPI numbers have been shaved too. All the major media companies are owned by billionaires and they put their elbow on the scale of 'fairness.'

‘Unprecedented’ positive media for Harris, 89% negative for Trump
Story by Paul Bedard, Washington Examiner

The same bunch that commission all the glowing generic polling numbers for Kamala Harris.
 
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