Dr. Perryman explains the performance and growth of Texas metropolitan statistical areas as compared to the rest of the United States.
It has been revealed that the Bureau of Labor statistics released some unemployment statistics for the previous few months that are incorrect. Dr. Perryman explains why this is not an indication of whether the organization is reliable.
Every year, the Bureau of Labor Statistics (BLS) revises its employment estimates based on surveys, which is the source of the widely reported monthly job gain and loss statistics, to sync it to a more comprehensive dataset. This time around, the preliminary results suggest that the revision is likely to cause a reduction of more than half a million jobs. The final changes will be implemented early next year, just in time for election madness.