818,000 jobs correction may not worry economists. It's a problem for Kamala Harris

The federal government has revised economic data, revealing that America’s economy created 818,000 fewer jobs than initially reported over the past year. This information is significant as Vice President Kamala Harris attempts to reshape public perception of the Biden administration’s economy. Despite efforts to highlight positive economic indicators, such as tamed inflation and job creation, the revised numbers undermine claims made by President Joe Biden. Democrats have gained momentum in the presidential race with Harris as the Democratic nominee. However, Trump still holds an advantage on the issues of the economy and inflation. Trump has argued that undocumented immigrants have taken most of the jobs created during the Biden administration, but this claim has been fact-checked and proven incorrect. The unemployment rate cut expected in September could positively impact the job market and overall economy. Trump’s economic plan includes imposing tariffs on imported goods, making tax cuts permanent, and reducing taxes. In comparison, Harris plans to extend tax cuts for most Americans while increasing taxes on the wealthiest. Neither candidate has proposed a comprehensive plan to address the national debt. The revised job data, conducted annually, provides a more accurate picture of the labor market but does not significantly alter the economic outlook.