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DallasNE

(7,910 posts)
15. Is CNBC A Reliable Source?
Tue Sep 9, 2025, 01:00 PM
Sep 9

I bring this up because yesterday, a DU poster included a link to a Bloomberg report that is at odds with this CNBC report.

https://finance.yahoo.com/news/another-us-jobs-markdown-sets-100000691.html

This link shows that one year ago, the report showed a downward revision of 818,000 for the period ending March 2024. The CNBC report describes these revisions as "more than 50% higher than last year’s adjustment ". The CNBC report also states, "for the year prior to March 2025." My understanding is that it includes March 2025, so it should read "for the year ending March 2025". The CNBC report goes on to say, "Most of the time span for the report came before President Donald Trump took office, indicating the jobs picture was deteriorating before he began levying tariffs against U.S. trading partners." Nobody claims that the job picture was not deteriorating as Trump came into office. Of course, the period covered precedes nearly all of the tariffs put in place by Trump.

And this is just from a quick glance.

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Who is getting fired for this one? IronLionZion Sep 9 #1
To be clear, he'll blame this on the BLS Commissioner he already fired. Wiz Imp Sep 9 #2
A graphic depiction EYESORE 9001 Sep 9 #3
Time for the a new head of the agency. One per month until the numbers "improve". twodogsbarking Sep 9 #4
Yup, sounds like the beatings will continue durablend Sep 9 #5
There's really no reason for Trump to be upset at these numbers Wiz Imp Sep 9 #6
He can blame it on The Flintstones. People would suck it up. twodogsbarking Sep 9 #7
The beatings will continue until morale improves IronLionZion Sep 9 #11
This will be blamed on Biden. Trump will probably take credit progressoid Sep 9 #8
It already has from his pathologically lying, cult worshiping sychophant press secretary. AZ8theist Sep 9 #12
It's impossible to pinpoint exactly where the numbers got off track due to the nature of the different BLS programs Wiz Imp Sep 9 #13
Clear signal they intend to cook numbers going forward JCMach1 Sep 9 #9
Oh, damn, who gets fired today ? republianmushroom Sep 9 #10
Anyone looking for the month-by-month revisions, with the hope of finding out how much of the 911k revision progree Sep 9 #14
Is CNBC A Reliable Source? DallasNE Sep 9 #15
CNBC (obviously associated with Comcast/NBC/MSNBC) BumRushDaShow Sep 9 #19
Reminds me of the scene from "Trading Places" BaronChocula Sep 9 #16
So, Trump's team revised Biden's numbers down? 33taw Sep 9 #17
Are we sure this isn't The Felon/Rapist "cooking the books" to make Biden look worse? lastlib Sep 9 #18
Latest Discussions»Latest Breaking News»Job growth revised down b...»Reply #15