BLS jobs report revises 2025 down to +181,000 total jobs added for the year

[Wiz Imp]

21. Last time I respond to you but to repeat, you have no clue how the Benchmark revision process works.

From BLS:

BLS annual benchmark revisions, which have been part of regular BLS employment estimation processes since 1935.

BLS uses the additional data to make a more accurate estimate of employment levels by industry for the previous March. The difference between the previous estimate of employment and the new, more accurate estimate is called the "benchmark revision."

At the time of the benchmark revision, estimates of employment changes in the 11 months before and 9 months after March are adjusted proportionately to match the new, more accurate March employment levels by industry.

The benchmark process involves revising data for 11 months prior to the benchmark month (March 2025 in this case) and 9 months after. The process has not changed in 90 years.

Revised data for every month from April 2023 thru December 2024 were released at this time last year.

Revised data for every month from April 2022 thru December 2023 were released at this time in 2024.

There is nothing suspicious. It's how the process has worked for 90 years.