According to the BLS. For example, self-employment, government employment, and agricultural labor are not included in certain publications.
These disparate data sources do, however, tend to closely match over time. Because of its larger breadth and reliance on real payroll data rather.
Than estimates derived from surveys, the BED and the Quarterly Census of Employment and Wages are generally considered to be more trustworthy.
The truth of the previous administration’s economic success narratives is further called into question by the continuous modifications.
The revised statistics contradict previous declarations that portrayed 2023 as a year of strong economic growth and employment creation.
The changes also follow the 2024 presidential election, when President Donald Trump won a second term across all seven swing states and the popular vote.
