Trump Accuses Biden-Harris Administration of 'Manipulating Employment Figures' After BLS Job Data Revision

The BLS announced on Wednesday that the number of new jobs added in the United States from last year to the beginning of this year is much lower than previously reported. Over the past 12 months ending in March, the initial revision of non-farm employment data was as high as 818,000 people.

This is also the largest revision since 2009, but in the market, it is not considered a surprise and still cannot change the fact that the U.S. economy is still in a healthy state.

However, this revision of nearly 30% still caused some confusion in the market and made the argument between the U.S. presidential candidates more intense.

After the revision of the data, the Republican candidate Trump quickly accused the Biden-Harris government of over-reporting employment figures. He criticized that this is a large-scale scandal, the Biden-Harris government has manipulated the employment statistics with fraudulent means to cover up the degree of damage to the U.S. economy.

He also claimed at a campaign event in North Carolina that this is not a simple data revision, but a lie being exposed.

In response to the revision of non-farm data, the chairman of the White House Council of Economic Advisers, Jared Bernstein, said that it is important to know that the preliminary revision and the final revision will not affect the estimate of employment growth in recent months. This conclusion is very important for correctly assessing the current situation of the U.S. labor market.

The Harris team emphasized that the revision of statistical data is very normal, and it will not change the fact that since the Biden-Harris government took office, 15 million jobs have been created.

Although the Harris team is trying to prove their ability on economic issues, it seems that voters do not believe her commitment in this area.

According to a poll conducted in early August, Trump's support rate is 6 percentage points ahead of Harris in terms of the economy. And 38% of voters believe that the economy is the primary issue that determines the U.S. election, far more important than other issues.

Given the sensitivity of swing state voters to economic issues, the decisive battle between Harris and Trump is very likely to occur on the differences in economic commitments.

There are seven swing states in the U.S. election, one type is the rust belt of Pennsylvania, Michigan, and Wisconsin, where energy and traditional manufacturing are the main industries, and voters are very concerned about the economy and employment; the other type is the Sun Belt of Arizona, Nevada, North Carolina, and Georgia, which mainly cares about illegal immigration and employment issues.

According to predictions, Harris needs to win at least three swing states in the electoral college to finally ascend to the White House. This means that she must prove her strength on economic issues. But now it seems that Trump is increasing his attack on Harris's economy, which may cause Harris to encounter a lot of setbacks.