If there is a BLS Conspiracy, It's the Worst Executed I've Ever Seen
Ezra Klein reminds us that the job news that has the conservative press alleging conspiracy is … only so-so.
The 114,000 jobs we added in September aren’t very impressive. The revisions to the last two months, which added 86,000 jobs to the total, were much more impressive. Those revisions also suggest that September’s jobs could get revised up — or, of course, down. So be careful about reading too much into that number. Still, these are, at best, good, not great, numbers.
But a word to those quick to charge that there exists some kind of coordinated project by BLS staff (or the unemployed themselves!) to massage numbers to advance President Obama's re-election:
In a little less than a month's time, the Republican party will ask the American people to trust us with national executive power. It would be a great help if, in the interval, party supporters refrained from looking or sounding like raving madmen.
See more of our coverage in your search results.
Got a tip? Send it to The Daily Beast here.
Register below to read this article for free or subscribe
to unlock unlimited access to The Daily Beast.
Monthly
$1
First month then $5.99/month
Annual
$35
First year then $59.99/year
Premium
$79
First year then $119.99/year
*Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy.
Already have an account? Sign In
Looks like you already have a subscription!
You're all set!
Thanks for subscribing.