alt Hacker NewsThis is how bls data has always worked. And the reason is that they don’t always have the full picture every month and need to account for new data in the stats.
This is how bls data has always worked. And the reason is that they don’t always have the full picture every month and need to account for new data in the stats.
Honest ask because I’ve not generally paid attention…
Is it the case that the numbers always appear more optimistic, and then are revised to be more pessimistic values? Or is it just that the original numbers are off and are revised? Does that make sense?