From Citizen Free Press:

Sundance thread on �supposed 500K job loss��



Citizen Free Press links to threadreaderapp which tidies up the following tweets to make them easier to read:

https://twitter.com/TheLastRefuge2/statu...258084572848135



The tweets are in response to the Market Watch article that was headlined on Drudge (and I'll bet in many more places), I read it and went huh?:

U.S. created 501,000 fewer jobs since 2018 than previously reported, new figures show
Published: Aug 22, 2019 12:40 p.m. ET
.........................................................
https://twitter.com/TheLastRefuge2/statu...258084572848135



From the latest empsit:

Zitat

---

| 2019 Preliminary Benchmark Revision to Establishment Survey
| Data to be released on August 21, 2019
|
| Each year, the establishment survey estimates are benchmarked to
| comprehensive counts of employment from the Quarterly Census of
| Employment and Wages (QCEW) for the month of March. These counts
| are derived from state unemployment insurance (UI) tax records
| that nearly all employers are required to file. On August 21,
| 2019, at 10:00 a.m. (EDT), the Bureau of Labor Statistics (BLS) will
| release the preliminary estimate of the upcoming annual benchmark
| revision. This is the same day the first-quarter 2019 data from
| QCEW will be issued. Preliminary benchmark revisions for all major
| industry sectors, as well as total nonfarm and total private
| employment, will be available on the BLS website at
|https:// www.bls.gov/web/empsit/cesprelbmk.htm .
|
| The final benchmark revision will be issued with the publication
| of the January 2020 Employment Situation news release in February
| 2020.
https://www.bls.gov/news.release/empsit.nr0.htm

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Now if you follow the link referenced in the latest empsit:

Zitat

---

Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).
https://www.bls.gov/web/empsit/cesprelbmk.htm

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The joy of games with statistics