Changing the jobs report to be quarterly instead of monthly doesn't solve the problem of needing to wait for revisions. You can do a monthly jobs report 90 days in arrears to solve that if you want. But putting a report out in April for Q1 will still need to be revised. Weirdos.
A quarterly report wouldn't need as much revision as monthlies would
Remember, 'current' data are estimates. The 'seasonally adjusted' numbers assume that an average August is, well, average
When something happens (e.g., covid, tariffs), numbers need time to be re-evaluated
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