The grim news about jobs

Byron York, Washington Examiner

Experts point to problems with the BLS surveys of businesses that bring in the jobs data.

This is important because many people in many corners of the economy rely on the BLS data. Businesspeople base business decisions on it. Government officials base governmental decisions on it. Politicians base political decisions on it. So it needs to be fixed, and fast. On Tuesday, Vice President JD Vance posted, “It’s difficult to overstate how useless BLS data had become. A change was necessary to restore confidence.” Can anyone disagree with that?