Understanding the Integrity of Economic Data

On Friday 1st August the US Bureau of Labor Statistics put out their job report data for August. It included revisions to their estimates for the jobs created in May and June which stated there were 258,000 fewer jobs than they had previously estimated. This news was not received well by the White House. President Trump fired the head of the bureau, Erika McEntarfer, calling the numbers ‘phony, rigged, a scam’ and spreading conspiracy theories that McEntarfer had fudged the data. We speak to economist Michael Strain from the American Enterprise Institute, to understand why the revisions happened and the potential consequences of throwing doubt on one of the US’s most important statistical agencies. If you’ve seen a number in the news you think we should take a look at, email the team: moreorless@bbc.co.uk

Presenter: Lizzy McNeill Producer: Lizzy McNeill Series Producer: Tom Colls Production Co-ordinator: Rosie Strawbridge Sound mix: Neil Churchill Editor: Sam Bonham