Labor Department corrects numbers on female job losses
This final note today, a lesson that government statisticians ain’t perfect.
Remember last month when Mitt Romney said women have lost 90-something percent of all the jobs that’ve disappeared since President Obama was inaugurated? There was much political back and forth, but the general assumption was that the data from the Labor Department was accurate.
Turns out, not so much. The Bureau of Labor Statistics said today that somehow female postal workers had mistakenly been removed from its database. They’re back now. And the actual percentage of job losses by women the past three years? Closer to 56 percent.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.