Economics
Next U.S. Jobs Report Set to Be Even More Confusing Than May’s
- Fixing data-classification issue will make comparisons tricky
- Statistics agency pledges to ‘be as transparent as possible’
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If you thought the U.S. jobs report for May was confusing, June’s could be even worse.
The U.S. Bureau of Labor Statistics, which publishes the widely-watched monthly figures on the world’s largest economy, is taking additional steps to solve data-collection issues that since March have resulted in an official unemployment rate that appears to understate the true scale of joblessness in America during the coronavirus pandemic.