Need help deciphering my chart

Need help deciphering my chart

Can someone tell me what I'm seeing here (I've never done my chart before)

u/SnarkyinSA — 1 day ago

Jobs data (obviously) doesn't reflect the reality we're seeing

People keep asking why so many Americans feel like the economy and job market don't match the official numbers.

Here's part of the reason:

In 2025, the Trump administration proposed cutting the Bureau of Labor Statistics (BLS) budget and staffing by roughly 8%, despite warnings from economists that the agency was already struggling with staffing shortages and declining survey response rates. The BLS itself warned that it would have to prioritize only its most critical reports if those cuts went through.

Then, after a weak jobs report in August 2025 showed hiring slowing dramatically and included major downward revisions to previous months, Trump fired BLS Commissioner Erika McEntarfer within hours of the report's release. He accused the agency of producing "fake" numbers, despite providing no evidence that the data had been manipulated. Economists from across the political spectrum warned that firing the head of the nation's labor statistics agency over unfavorable data could undermine trust in government economic reporting.

A few weeks later, the Department of Labor's Inspector General opened a probe into challenges facing BLS data collection, citing reductions in data gathering and concerns about the agency's ability to maintain the quality of key economic indicators.

So when people act like every jobs report is unquestionably accurate, it's worth remembering:

The agency responsible for collecting the data faced staffing and budget cuts.

The administration publicly attacked the agency when the numbers looked bad.

The commissioner was fired immediately after a disappointing report.

Federal watchdogs later investigated whether data collection itself was being compromised.

That doesn't automatically mean every jobs number is wrong. It does mean there are legitimate reasons to question whether the government's labor market data is as reliable as it should be, especially when the people producing it are being pressured for reporting information the White House doesn't like.

reddit.com
u/SnarkyinSA — 1 month ago

Don't trust the jobs "data"

People keep asking why so many Americans feel like the economy and job market don't match the official numbers.

Here's part of the reason:

In 2025, the Trump administration proposed cutting the Bureau of Labor Statistics (BLS) budget and staffing by roughly 8%, despite warnings from economists that the agency was already struggling with staffing shortages and declining survey response rates. The BLS itself warned that it would have to prioritize only its most critical reports if those cuts went through.

Then, after a weak jobs report in August 2025 showed hiring slowing dramatically and included major downward revisions to previous months, Trump fired BLS Commissioner Erika McEntarfer within hours of the report's release. He accused the agency of producing "fake" numbers, despite providing no evidence that the data had been manipulated. Economists from across the political spectrum warned that firing the head of the nation's labor statistics agency over unfavorable data could undermine trust in government economic reporting.

A few weeks later, the Department of Labor's Inspector General opened a probe into challenges facing BLS data collection, citing reductions in data gathering and concerns about the agency's ability to maintain the quality of key economic indicators.

So when people act like every jobs report is unquestionably accurate, it's worth remembering:

The agency responsible for collecting the data faced staffing and budget cuts.

The administration publicly attacked the agency when the numbers looked bad.

The commissioner was fired immediately after a disappointing report.

Federal watchdogs later investigated whether data collection itself was being compromised.

That doesn't automatically mean every jobs number is wrong. It does mean there are legitimate reasons to question whether the government's labor market data is as reliable as it should be, especially when the people producing it are being pressured for reporting information the White House doesn't like.

reddit.com
u/SnarkyinSA — 1 month ago