How the BLS Collects Jobs Data: Insights from Former Commissioner William Beach
Forbes Breaking NewsAugust 7, 20251 min1,958 views
4 connectionsΒ·4 entities in this videoβThe BLS Commissioner's Role in Data Collection
- π« The Commissioner does not directly collect or see the raw jobs numbers until just before they are published on Wednesday.
- π By the time the Commissioner reviews the data, it is already prepared and locked into the computer system, leaving no room for hands-on manipulation.
- βοΈ The Commissioner's primary role on Wednesday is to edit the text accompanying the data, not to influence the numbers themselves.
- β οΈ During Beach's tenure, he was sometimes locked out of the process while staff were actively working on the data, further illustrating the separation.
Understanding Revisions to Jobs Reports
- π Revisions to previous months' data are a normal part of the process, as seen with the May and June numbers that reportedly upset the President.
- ποΈ The BLS publishes revisions every Friday for the previous two months' data.
The Survey Process and Response Rates
- π The Bureau of Labor Statistics (BLS) collects data through surveys, similar to a poll, asking a sample of individuals and businesses about employment status.
- π Not everyone in the country is surveyed; only a handful of individuals and approximately 600,000 businesses are contacted.
- β³ The BLS keeps the data collection window open for two additional months to accommodate businesses that do not submit their returns on time, aiming for more complete information.
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Bureau of Labor Statistics (BLS)Jobs ReportWilliam BeachData CollectionSurvey ProcessData RevisionsCommissioner RoleEmployment Data
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