BLS revision shows annual hiring was overstated by 911,000 jobs

(www.npr.org)
17 points manveerc | 7 comments | 09 Sep 25 18:14 UTC | HN request time: 0.705s | source | bottom
1. nwah1 ◴[09 Sep 25 18:23 UTC] No.45186242[source]▶
Are there alternate sources of this data, outside the BLS?
replies(2): >>45186530 #>>45191491 #
2. throwmeaway222 ◴[09 Sep 25 18:25 UTC] No.45186264[source]▶
https://layoffs.fyi/

Sounds like things are doing better in 2025

replies(1): >>45187008 #
3. floxy ◴[09 Sep 25 18:37 UTC] No.45186530[source]▶
https://adpemploymentreport.com/
4. readthenotes1 ◴[09 Sep 25 18:53 UTC] No.45186851[source]▶
Second year in a row where they've had a nearly 900,000 person fix to the monthly data.

You would think with the error range supposed to be +/-126,000 that every now and again they would err on the upside more often, or try to fix the flaws in the establishment survey that lead us to this.

5. manveerc ◴[09 Sep 25 19:01 UTC] No.45187008[source]▶
Anecdotally what I have seen is that these (tech) companies are not hiring much in US and if they are hiring, its in offshore locations. So yes 2025 seems better in terms of fewer layoffs but it doesn't really help the overall situation in the US.
6. cyanydeez ◴[10 Sep 25 00:25 UTC] No.45191491[source]▶
Whatever orifice Trump finds in 2 weeks