Harrowing news about how <man in the white house> feels about the BLS revisions
CHATGPT gives a poor description of the revisions. I won't post those.
A reasonably accurate description of the revisions here
Why job numbers change: Understanding the latest revisions
and the BLS website explains the revisions.
The BLS produces many statistics and posts a schedule of revisions
Schedule of Releases and Revisions for Productivity Program
There are numerous peer-reviewed econometric scholarly articles about the revisions
This article is first in the Google seach
https://www.sciencedirect.com/science/article/abs/pii/S0165176511006410
An article from the Dallas Tx. Fed
https://www.dallasfed.org/research/basics/benchmark
And econometrician-S suggest confidence intervals
https://ideas.repec.org/p/bls/wpaper/538.html
Last, this ox was gored in 2024
https://www.help.senate.gov/rep/newsroom/press/ranking-member-cassidy-collins-seek-answers-from-bls-on-botched-monthly-jobs-numbers-demand-accountability
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Chris Barker, Ph.D.
Adjunct Professor of Biostatistics
University of Illinois Chicago, UIC-SPH
www.barkerstats.com---
"In composition you have all the time you want to decide what to say in 15 seconds, in improvisation you have 15 seconds."
-Steve Lacy
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