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Posted: 2025-08-02 00:58:34 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-08-02 00:59:20 UTC
Verified By
Rollup News
Kevin Hassett, Director of the National Economic Council, suggests that recent jobs data revisions are so significant that the accuracy of the numbers is questionable. He notes the revision over the last two months was the largest since the 1970s, excluding the COVID period.
Unreliability of jobs data
Significant data revisions
Economic data accuracy concerns
Distrust in economic data accuracy
Interpreting the impact of large data revisions