President Trump: BLS data is antiquated and very political

BLS Employment Numbers & Data Integrity - The Bureau of Labor Statistics (BLS) household survey response rate has decreased from approximately 90% to 60% over the past 10-12 years [2] - A Wharton professor described the 60% response rate as unacceptable for such an important statistic and suggested making the questionnaires mandatory with a time limit [3][4] - There was a revision of 258,000 less jobs in two months, which was the biggest revision since 1968, without a clear explanation [5] - The speaker questions the use of outdated methods like snail mail for data collection in the internet age [5] Political Implications & Data Rigging Allegations - The speaker alleges that employment numbers were manipulated to negatively impact his election chances [6][7] - A revision of almost 900,000 jobs occurred shortly after the election, leading to claims of "phony numbers" being used to influence the election outcome [7][10] - The speaker suggests that positive numbers were released before the election to create a false impression of economic performance [9] - The speaker believes that after he won the election, the numbers were revised downward to reflect reality [10] Benchmark Revisions - Benchmark numbers are revised twice a year to reconcile monthly figures with overall numbers [8]