Every month the BLS publishes employment figures. These numbers are calculated from a survey and then adjusted based on estimated births and deaths of business enterprises.
That's a little iffy, so every year the figures are re-calibrated based on state unemployment data, which is more accurate. Here's what the revisions have looked like over the past couple of decades:
Even by my standards, this is a snoozer. The only reason to bother posting the chart is because of Donald Trump's tedious bellowing that it demonstrates CHEATING on the part of Joe Biden. And even that wouldn't have prompted me to put this up but for the opportunity it gives me to print this howler from Bloomberg:
It’s not the first time GOP members have accused a Democratic administration of cooking the books when it comes to the labor market. Under President Barack Obama, they argued the government was favoring an unemployment metric that made the economy look better. Democrats traded similar accusations when Republicans in Congress rewrote the way the economic effects of legislation are measured.
It's not usually my gig to complain about news outlets that bend over backwards to demonstrate "evenhandedness." But come on. According to Bloomberg, Republicans complain when the numbers are the same as they've always been. Democrats complain when Republicans rewrite the numbers.
These are not the same thing. Sometimes one side is just less honest than the other. Why not accept it?
...why would we expect Bloomberg, of all places, to "accept" that one side is less honest than the other when we know that Bloomberg quite obviously prefers the policies of one side over the other?
This isn't rocket surgery.
+1
What's next, Kevin? Complaining about bias at Newsmax?
Without bad faith..
Republicans would have no arguments at all..
The Republican Party has certainly become that way.
But, but, but....dynamic scoring is real and tax cuts to the wealthy always pay for themselves!
"That's a little iffy, so every year the figures are re-calibrated based on state unemployment data, which is more accurate." This became a big thing in conservative media because of a bloomberg story. The final paragraph of the bloomberg story points out that the "more accurate" claim is not true. The new numbers inherently undercount the jobs of illegal immigrants. It also isn't any better than the original numbers when it comes to the self employed who don't pay unemployment insurance tax.