More important, the new report showed that jobs numbers for the previous two months had been revised down considerably after the agency received a more complete set of responses from the businesses it surveys monthly. What had been reported as a strong two-month gain of 291,000 jobs was revised down to a paltry 33,000.
Ah… I infer that with the daily economic and social chaos and confusion caused by this administration, many businesses had no idea if their own outlook was good or bad. The ones less affected would respond positively, right away so earlier data may have extrapolated from that.
Based on reporting, it looks like the BLS didn’t have the staff to do the legwork anymore after the purge of the federal government, so they used various models to “guesstimate” the totals for May/June.
And look at the next couple of sentences:
Ah… I infer that with the daily economic and social chaos and confusion caused by this administration, many businesses had no idea if their own outlook was good or bad. The ones less affected would respond positively, right away so earlier data may have extrapolated from that.
Based on reporting, it looks like the BLS didn’t have the staff to do the legwork anymore after the purge of the federal government, so they used various models to “guesstimate” the totals for May/June.