Jobs Revised Down Again, This Time by Nearly One Million
August 26, 2024Key Takeaways
- The government revised its job report numbers down again, this time by nearly one million jobs, angering voters.
- MIG Reports analysis shows 64.5% of conversations about the revised job report express suspicion towards the government's reporting.
- Voters distrust the Biden administration, and many believe the lack of transparency is intended to uphold a false narrative of success.
Our Methodology
Demographics
All Voters
Sample Size
8,700
Geographical Breakdown
National
Time Period
7 Days
MIG Reports leverages EyesOver technology, employing Advanced AI for precise analysis. This ensures unparalleled precision, setting a new standard. Find out more about the unique data pull for this article.
On Aug. 21, the Bureau of Labor Statistics (BLS) released a staggering downward revision of nearly one million added jobs from its previously reported figures. This adjustment, spanning from April 2023 through March 2024, revised job growth down by 818,000, a significant 30% reduction from earlier estimates. The adjustment represents the largest revision since 2009 and has sent ripples through economic and political circles, drawing sharp reactions from voters and pundits.
BREAKING: The federal government announces that there were 818,000 fewer jobs created through March 2024 than previously reported
— Greg Price (@greg_price11) August 21, 2024
It’s the largest downward revision in 15 years.
This is the “record job growth” Kamala always talks about
pic.twitter.com/vR1afMbEfr
This is the biggest negative revision to payrolls since the global financial crisis.
— zerohedge (@zerohedge) August 21, 2024
Crucially, it took place in an election year and was meant to pad the numbers, making the economy appear much stronger than it was https://t.co/WtjpNSaytR pic.twitter.com/EIHW5Ynjev
Voter Reactions
Following the latest BLS report, voter sentiment on jobs dropped to 40% both nationally and in swing states. This is down from a 7-day high of 48% nationally and 46% in swing states.
The public’s response to reports of the revision is a mix of skepticism and suspicion. Many voters view the revision as evidence of intentional overestimation by the government, which many call "cooking the books."
This sentiment grows from the perception that the Biden administration manipulated job figures to present a more favorable economic picture than reality. Most voter conversations reflect this distrust, with phrases like "inflated job reports" and "massive scandal" dominating the discourse.
MIG Reports analysis shows 64.5% of conversations about the revised job report express suspicion towards the government's reporting. Most conversations frame the unprecedented revision as evidence of deliberate misinformation.
This high level of skepticism underscores a broader narrative of frustration and disillusionment with the Biden-Harris administration’s transparency. Americans are unhappy with the status quo and 25% of discussions specifically about jobs mention a desire for new leadership.
Many voters also deride Harris-Biden Commerce Sec. Gina Raimondo for saying on ABC News that she has no knowledge of any job revision numbers. She went on the blame Trump for lying about everything, reiterating that she is unaware of the official BLS report.
Reporter: Nearly a million jobs "created" since Kamala took office do not exist.
— Greg Price (@greg_price11) August 21, 2024
Raimondo: “I don’t believe it because I’ve never heard Trump say anything truthful.”
Reporter: "It is from the Bureau of Labor."
Raimondo: "I'm not familiar with that."pic.twitter.com/UFKJiwWuPZ
Anger at the Biden-Harris Administration
Some Americans have been talking all year about repeated job report revisions that always trend downward. There are also concerns about the number of jobs created being government positions or jobs filled by foreign-born workers. This paints a dire picture for native-born Americans searching for fulltime employment in the private sector.
Skepticism about government reports on jobs coincide with wider distrust of the overall economy narrative the Biden-Harris administration has been pushing. It also overlaps with discontent about border security as foreign nationals continue to stream across the border, taking low-wage jobs from American citizens.
Many voters believe the Biden administration's claims of economic recovery are misleading, indicative of chronic dishonesty. Discussions frequently connect Biden-Harris lies to broader critiques of the administration's leadership. As Americans continue struggling to make ends meet in a contracting economy with layoffs and rising prices, resentment against leadership is growing. These job revisions highlight ongoing issues of trust and credibility.
- Kamala Harris has seen a drop in approval on jobs to 42% nationally to 40% in swing states.
- Donald Trump holds strong at 44% approval on jobs nationally and 45% in swing states.