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re: Private Payrolls Estimated To Rise by 2.37 Million in June, May Revised Up By 5.2 Million

Posted on 7/1/20 at 10:44 am to
Posted by Oilfieldbiology
Member since Nov 2016
37679 posts
Posted on 7/1/20 at 10:44 am to
quote:

thought that may adjustment was a typo......nope. They were off by 5.2 million. WOW.


How? How were economist off by this much
Posted by teke184
Zachary, LA
Member since Jan 2007
96841 posts
Posted on 7/1/20 at 10:45 am to
Not sure but it seems to be a common theme that every set of Trump economic indicators actually gets better when adjustments are made.

Obama, OTOH, got middling numbers that were always adjusted downward when no one was paying attention anymore.
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