The January employment report of the Bureau of Labor Statistics, released in early February, is watched not just for the change in jobs numbers from December, as is the case in the other 11 months of the year.
More importantly for labor economists, annual revisions to the underlying model are implemented and they can result in big swings in the estimates of employment levels in some sectors. And that is what happened in truck transportation and warehousing in the figures released Friday.
Data...