ST Alpha - "Labor Dept. "mistakenly counted about 4.9 million temporarily laid-off people as employed." Incorrect: 13.3% Actual: 16.1%" (Reading a Post)

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Labor Dept. "mistakenly counted about 4.9 million temporarily laid-off people as employed." Incorrect: 13.3% Actual: 16.1%

Posted by Max Jun 5 '20, 09:00

Friday's report made it clear the government continues to struggle with how it classifies millions of workers on temporary layoff. The Labor Department admitted that government household survey-takers mistakenly counted about 4.9 million temporarily laid-off people as employed.

The government doesn't correct its survey results for fear of the appearance of political manipulation.

Had the mistake been corrected, the unemployment rate would have risen to 16.1 percent in May. But the corrected April figure would have been more than than 19 percent, rather than 14.7 percent.

https://www.mprnews.org/story/2020/06/05/us-unemployment-drops-unexpectedly-to-a-stillhigh-133 (www.mprnews.org)

Responses:

The trend is what is more important to look at here, I think, rather than the absolute values, but yeah. - znufrii, silly old man Jun 5, 09:04 5
- Especially a month after you already knew you had bad data. -- nm - Max Jun 5, 09:05 4
  - "BLS and the Census Bureau are investigating why this misclassification error continues to occur and are taking additional steps to address the issue" -- nm - znufrii, silly old man Jun 5, 09:06 3
    - Blue Ribbon Committee incoming! -- nm - David Jun 5, 09:20 1
      - "It doesn't get any more important than that!" -- nm - Reagen Jun 5, 09:21
    - trend! -- nm - Max Jun 5, 09:08
Neeevermind -- nm - Roseanne Trumpanadanna Jun 5, 09:02
This is what happens when you hire people who don't check their work when it appears to confirm the narrative they want to sell. -- nm - Beryllium Jun 5, 09:01

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Labor Dept. "mistakenly counted about 4.9 million temporarily laid-off people as employed." Incorrect: 13.3% Actual: 16.1%

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