Investing General Discussion

Gravel

Mr. Poopybutthole
43,408
152,358
I don't know how your BLS measures job +/-, but if it's anything similar to how the ONS does it, it's no wonder the numbers are always crooked.

The ONS does it by phoning a limited number of businesses and asking them what's the price of these certain X items, as opposed to anything digital/mass data.

It's basically the same of how they do political polling - call up registered voters and ask them, which obviously skews it as only a certain subset of people register, and then a smaller set actually pick up the phone.
It's 2025. You expect the government to have some sort of system in place that utilizes technology? Nope they're going to call up places on a landline god damnit.
 
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dragonbr

Trakanon Raider
46
40
It's 2025. You expect the government to have some sort of system in place that utilizes technology? Nope they're going to call up places on a landline god damnit.
I do not disagree with your assertion in anyway, but the issue is there's no side that would want to fix this shit process due to the initial reporting mostly favoring the party in power. Revisions usually get minimal reporting in comparison to the initial reporting outside of major outliers like this and August 2024.