{"id":101933,"date":"2025-08-29T23:32:09","date_gmt":"2025-08-29T23:32:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/101933\/"},"modified":"2025-08-29T23:32:09","modified_gmt":"2025-08-29T23:32:09","slug":"update-on-payroll-employment-gains-data-revisions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/101933\/","title":{"rendered":"Update on Payroll Employment Gains Data Revisions"},"content":{"rendered":"<p>The latest revisions to monthly payroll employment data issued in August by the Bureau of Labor Statistics were large, renewing concerns about data reliability. However, <a href=\"https:\/\/www.frbsf.org\/research-and-insights\/blog\/sf-fed-blog\/2025\/08\/29\/update-on-payroll-employment-gains-data-revisions\/\" rel=\"nofollow noopener\" target=\"_blank\">our updated analysis<\/a> shows that these revisions remain similar to other large revisions when compared with historical data over the last 60 years. This suggests that incoming data are not generally subject to greater fluctuations\u2014and thus may not reflect greater uncertainty\u2014than in the past.<\/p>\n<p>The SF Fed Blog updates estimates first published in our FRBSF Economic Letter \u201c<a href=\"https:\/\/www.frbsf.org\/research-and-insights\/publications\/economic-letter\/2025\/03\/do-low-survey-response-rates-threaten-data-dependence\/\" rel=\"nofollow noopener\" target=\"_blank\">Do Low Survey Response Rates Threaten Data Dependence?<\/a>\u201d by Sylvain Leduc and Luiz Edgard Oliveira.<\/p>\n<p>The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation\u2019s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states\u2014Alaska, Arizona, California, Hawai\u2019i, Idaho, Nevada, Oregon, Utah, and Washington\u2014plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability\u2014known as the Fed\u2019s dual mandate\u2014we work toward supporting an economy that works for everyone.<\/p>\n","protected":false},"excerpt":{"rendered":"The latest revisions to monthly payroll employment data issued in August by the Bureau of Labor Statistics were&hellip;\n","protected":false},"author":2,"featured_media":101934,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[84,18715,1371,49637,49638,56,54,55],"class_list":{"0":"post-101933","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-economic-research","10":"tag-jobs","11":"tag-news-research-spotlight","12":"tag-research-spotlight","13":"tag-uk","14":"tag-united-kingdom","15":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/101933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=101933"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/101933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/101934"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=101933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=101933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=101933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}