
Hoover disagreed with BLS number too….
“After the stock market crash in October 1929, Stewart's and the Bureau's concentration increasingly was on employment and unemployment statistics. However, differences in unemployment estimates between the Bureau and the Employment Service, the latter estimate being lower and favored by the Hoover administration, became a politically explosive matter that hastened Stewart's retirement.”
Source: https://www.bls.gov/bls/history/commissioners/stewart.htm
Posted by TheOverthinkingDude
1 Comment
There should never be revision statements; either you have the values or you don’t. It’s like publishing a full story on your front page and then 3 weeks later making a correction on the back page. It’s unethical and exploitive.