The Gap Between Job Gains & New Workers

The Heritage Foundation

Right

Mixed Factuality

What Explains the Unprecedented Gap Between Reported Job Gains and New Workers?

The Bureau of Labor Statistics announced a major downward revision of its reported payroll job gains, effectively wiping out 28 percent of the past year’s reported gains. These overstated job gains play into a recent multiyear trend in which reported payroll jobs have risen twice as fast as the reported number of additional people working in the United States. This raises the question of which data report—the survey of employers’ payrolls or the…