Why can’t we have a better press corps? Don’t rewrite what you don’t understand. If you’re going to be a conduit for press releases, just release the damn press releases!
What they wrote:
The Wisconsin Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) monthly report showing Wisconsin’s unemployment rate actually dropped in October to 7.3 percent from 7.7 percent.
What the DWD actually said:
Department of Workforce Development (DWD) today released the Bureau of Labor Statistics (BLS) monthly report showing Wisconsin’s unemployment rate dropped to 7.3 percent from 7.7 percent.
Notice the difference? The BizTimes rewrote history to say that the BLS had gotten the October unemployment rate wrong. Nope, not even close. What the DWD was actually reporting were the November unemployment numbers. This is confirmed on the BLS website and in the data provided by the DWD.
What was corrected by the BLS were the job-loss numbers, but they’re not relevant to the unemployment number.
According to the U.S. Bureau of Labor Statistics (BLS), Wisconsin’s revised numbers show the state lost 2,400 jobs in October, roughly a 75 percent correction from their initial estimate of 9,700 jobs. Meanwhile, Wisconsin added 11,000 jobs in June, but BLS initially underestimated that number by roughly 1,500 jobs.
Quality business reporting is hard to come by these days, I guess.